Passe — pas de trade

The 10:15 15m candle did wick below pdL $82,684 / dPOC $82,669.5 and close back above both ($82,696.2), which is a textbook SFP-shape trigger for a long — but the quality of the reaction does not support it. The reclaim came on tiny volume (17 BTC on the 15m, 5m delta flat at -4.8 BTC over 30m) with no delta response at the level, and price has simultaneously lost daily VWAP $82,760 on that same close, so the broader read is contradicted rather than corroborated; the day is trending down (pd close $83,244 → dLow $82,127, value migrating lower all week). A poor reaction at the level is itself a sufficient reason to pass, and with dLow $82,127.5 and D-nPOC $81,323.5 as magnets below, I will not buy a low-conviction wick reclaim into an established downtrend.