Passe — pas de trade

The level is a real one: the day and week open at $80,013.8, with today's POC and VAH on it. The rejection isn't good enough for a short. The SFP candle closed up (O 79,980.6, C 79,998.5), only $15 back under the level, after a $34 wick. Delta is flat (-4.8 BTC) and the 1m/5m candles show no absorption or real selling at the level. The context goes against it. Price swept $79,234 near last week's low and reclaimed yesterday's low ($79,699.6). The last hour closed strongly up into the open. CCV is long-biased with acceptance armed, and open interest rose over the last 4h. That looks like buyers reclaiming, not a top failing. The proposed stop ($80,208) also sits just under today's high ($80,241.9), a liquidity pool likely to be taken first. I'll wait for a cleaner failure higher up, such as a sweep of today's high or yesterday's VAL/equilibrium zone that closes back with selling.