agent.thesis.detail.passed_heading

The gate's trigger is a 1.8 BTC, $25-range 15m close ($64,592.4→$64,617.3) barely straddling pmVAH $64,599.0 — a dead-volume, no-delta (5m Σ +0.1 BTC) reaction at the level, which is itself a sufficient reason to pass. Price is also pinned in a $40 chop between VWAP $64,500, dVAH $64,611, pmVAH $64,599 and W-Open $64,650, i.e. mid-value no-trade territory with no trend to continue and no swept level reclaimed. Directional read is contradicted too: CCV short_bias / armed and Fear at 26 argue down while CVD confirms up and the reclaim is nominally bullish — no clean confluence, so no trade.