Passe — pas de trade

The 05:00 UTC 15m candle nominally rejected pwVAL $62,762, but only exceeded it by $1 and the reaction was poor: just 7.3 BTC volume, flat 5m delta, and flat 4h OI. With two consecutive losses requiring a stricter setup—and nearby pdL $62,719.4/dLow $62,640 support making downside execution sensitive—order-flow corroboration is insufficient, so pass.