Passed — no trade

The gate fired on a 5m close below pwVAL $77,782 — but a 5m close can never be my named trigger, and the most recent CLOSED 15m candle (13:00 UTC, O 77,931.9 H 77,950.5 L 77,420.1 C 77,739.6) is a down candle that wicked to the developing day low $77,420.1 and closed back above it — that is a bullish sweep shape at dLow/dVAL, not a bearish confirmation of the pwVAL loss. So the 15m structure and the 5m gate point opposite ways, and corroboration is conflicted: Delta 5m is a bullish divergence (+80.8 BTC) into that low while OI is a weakening downtrend, which argues against a fresh short, yet the 4h CVD bearish divergence and price below VWAP/D-Open argue against a long. No clean 15m trigger in either direction — this is a watch at the $77,420–$77,548 dVAL/dLow shelf, not a trade.