Passed — no trade

The only "trigger" is a 15m candle whipping through the developing day's own micro value area (dVAL $75,631 / dPOC $75,727.5 / dVAH $75,752 / VWAP $75,693.9) — all four levels sit inside a $140 band and the candle closed in the middle of them, which is the no-trade middle of the profile, not a level reaction. Volume is negligible (0.0–4 BTC per candle), 5m delta is flat (-3.4 BTC/30m) and OI is bleeding, so the reaction quality at the level is poor; there is also no honest structural T2 within this 140-dollar chop that would clear 2:1 against any sane stop. Daily context is a big down day into pdL $74,855 with a weakening downtrend and a bullish CVD divergence pulling the other way — a conflicted read on top of a non-trigger.