Passed — no trade

This book already holds an open long, so only a short may be recorded — and the only trigger on the tape is a bullish one: the 15:45 UTC 15m candle wicked below M-Open $78,511.5 and closed back above it, a minor reclaim, not a short signal. There is no bearish trigger at a tradeable level (price sits mid-range between dVAL $78,849 / VWAP $79,022.8 above and dLow $77,988.3 / pdVAL $78,166 below, i.e. open space, no 15m close making a fresh low), and delta 5m is flat (+3 BTC) with OI bleeding — a poor, low-conviction reaction. No short setup exists.