Passe — pas de trade

The 20:00 UTC 15m candle did reclaim developing VAL at $64,919, but the reaction is too weak for entry confirmation: only 13 BTC traded, OI is essentially flat, and the 4h CVD remains bearishly divergent against a long while intraday structure is still down. The level and trigger are present, but broader/order-flow corroboration is missing, so this is a pass.