Passe — pas de trade

The wick only swept the developing day VAL ($80,474, tier 2) by $32. The tier-1 previous-day low at $80,374.7 sits just below and was not taken, so the stops this trade depends on are probably still resting there. The 15m candle closed red in mid-range. Its volume was mostly selling: the 09:05 5m candle traded 95.5 BTC and closed on its low, and the bounce after came on thin volume. Delta is net -96 BTC (partial coverage), CVD confirms down, and OI rose in the 4h downtrend, which suggests new shorts are being added. The daily chart shows lower highs from $84.8k, and price is below pwVAL and the month's developing VAL, so it looks like acceptance below value. There is no clear absorption or trapped sellers yet. The better long is a 15m close back above $80,374.7 after a sweep of the previous-day low.