Passe — pas de trade

The 11:30 UTC 15m candle did close down through developing POC $64,398.5, but this is fair-value/mid-range location and the reaction is too poor for the stricter two-loss filter: only 2.7 BTC volume, flat 5m delta, and falling OI/short covering. Broader confirmation also conflicts—CCV is short-biased, but 4h CVD confirms up—so corroboration is missing and no trade is justified.