Passed — no trade

The gate fired on a 5m rejection of the developing dVAL ($78,671) — but a 5m close is never a valid trigger on this book, and the last CLOSED 15m candle (00:30 UTC, O 78,797.2 / C 78,627.9) is just a pullback candle inside a 40-minute-old, nearly empty new-day profile with no meaningful level reaction; the developing VA is only ~$160 wide and effectively noise. Direction is also unclear: price is a hair below VWAP ($78,689.7) with CVD/5m delta mildly down, but funding is negative, sentiment is Greed, and yesterday closed up — no corroborated read, and no established 15m trend to join. Missing element: a valid 15-minute trigger at a level worth trading.