Passed — no trade

The fired location is the developing POC/M-Open cluster at $78,488–78,512 with price sitting right on it — mid-value, fair-value chop, the classic no-trade zone (POC = 50/50). The only "trigger" is a 15m candle whose body is 30 dollars tall on 9.6 BTC with a flat 5m delta (+5.8 BTC) — a poor reaction with no delta or volume response, and VWAP $78,539 sits immediately overhead making both directions cramped. There is no confluence, no established trend on 1m/5m/15m (last hours are sideways between $78,205 and $78,942), and no honest 2:1 to any real structural objective from here.