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The gate fired on a 5m close through the developing POC — but a 5m close is never a valid trigger on this book, and the 15m candle at 01:00 that closed down at $64,966.2 is a close AT/into the dVAL–dLow shelf ($64,978), not a confirmed break with a backtest to enter on. Price is sitting right on the developing day low/VAL with delta flat (-2.6 BTC/30m), CVD confirming up and OI in a healthy uptrend — a poor, low-volume reaction that contradicts a short here, while the CCV short bias would need a retest higher (VWAP $65,140 / dVAH $65,214) to be tradeable. Missing element: a confirming 15m trigger at a level with corroborating flow.
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