Passed — no trade

The gate fired on a 5-minute close below the developing POC ($62,680.5) — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15-minute candle (14:30 UTC) closed UP at $62,645.8 after wicking the day low, i.e. it contradicts the short rather than confirming it. There is no 15m close through or rejecting a tradeable level: price is simply chopping around dPOC/dVWAP in the middle of a $62,473–$62,880 developing value area, which is the no-trade zone. Delta 5m is flat (−1.1 BTC) with negligible volume into the low, a poor reaction, so neither a continuation short nor a sweep-reclaim long at dLow is corroborated.