Passe — pas de trade

Weak level, poor location. The swept level is the developing dVAL ($79,825), a tier-2 level that keeps moving, not an extreme most participants watch. The candle opened below it, the wick went only $66 through, and volume was thin (18.4 BTC), so this is not a convincing stop run. The short also sits at the bottom of a six-day range ($79,079-$81,700) after a ~$1,700 drop today. Support is stacked just below: weekly developing POC ~$79,565, weekly VAL $79,366, daily lows $79,355 / $79,234 / $79,079. The 02:30 candle just swept the day low at $79,563 and bounced. T1 is only $200 away, and T2 (pwL $79,119.5), which the 2.24:1 depends on, needs a breakdown of range lows that have held all week. Delta 5m shows net taker buying (+22 BTC), and nothing shows heavy sellers absorbing it at the level on real volume. CCV is not in play, funding is slightly positive and 4H OI is only mildly weakening, so the context doesn't strongly back a short here.