Passed — no trade

The gate fired on a 5-minute close below pdVAL $79,523 — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (04:00 UTC, O $79,559.1 / C $79,491.2) is a tiny 71-dollar-body candle on 12.6 BTC of dead overnight volume that has not decisively closed away from the level; there is no confirming 15m close through or rejection at pdVAL. The tape is also flat and directionless (last 32×15m span only $79,437–$79,783, right on top of VWAP $79,577, dPOC $79,606 and dVAL $79,550), so no established trend exists for a continuation entry either, and reaction quality at the level is poor — near-zero volume, delta only −10.3 BTC over 30m, with OI −3.31% over 24h (shorts covering, not new money). No trigger, no reaction: pass.