Passed — no trade

The gate fired on a 5-minute close below the developing POC ($76,900.5), but a 5m close is never a valid trigger on this book — the last CLOSED 15-minute candle (04:30 UTC, C $77,076.2) closed above the dPOC and above dVAL, so no 15m close through the level has printed. Price is also sitting right on the developing VAL ($76,844) / day low area ($76,622) with 5m delta flat (+0.9 BTC) and OI falling on short-covering — a poor, unconfirmed reaction into support, which forbids fading momentum into it. No trigger, so no trade.