Passe — pas de trade

The 22:45 UTC 15-minute candle did wick below developing VAH $64,551 and close back above it at $64,552.7, but the reclaim was marginal and poor-quality: only 5.2 BTC volume, flat 30-minute taker delta, and weakening 4h OI. The level and structural trigger exist, but participation confirmation is missing, so pass rather than enter on the 1-minute cross.