Passe — pas de trade

This book already holds an open short, so only a long may be recorded — and the only trigger present is a bearish one: the 19:30 15m candle wicked above pdEQ $85,700.6 / pwVAH $85,711.0 / dVAL $85,699.0 and closed back below all three, a rejection at the level that argues short, in line with the short CCV bias and failed acceptance. There is no bullish trigger — no 15m close reclaiming pdEQ/dVAL, no higher-high/higher-low structure, and 5m delta is flat (+4.7 BTC) with no demand response at the level — so a long has neither a confirming close nor corroboration.