Passe — pas de trade

No valid 15-minute trigger has closed at the fired developing POC $64,855.5: the 08:50 5-minute wick-and-close-below is only corroboration, while the latest closed 15-minute candle (08:30) never reached the level and the interacting 08:45 candle is still forming. Broader context is also mixed, with bearish 4h CVD divergence opposing positive 5m delta and healthy rising OI, so this remains a watch rather than a trade.