Passe — pas de trade

The only direction available on this book is a long (open short with T1 booked), and there is no clean long trigger: the 00:30 15m close above VWAP/dPOC is a $190-wide chop candle inside a dead overnight range ($81,600–$81,855) on 6-14 BTC volume, not a reaction at a meaningful level. Corroboration also fails for a long — daily structure is firmly down (yesterday closed -$1,584 with a $3,100 range into $80,302.9), CVD reads bearish divergence, and 5m delta is flat (+3.1 BTC) with no response, a poor reaction. Price sits mid-value between dVAL $81,680 and dVAH $81,803 — the no-trade middle of the profile.