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The gate fired on a 5m close below daily VWAP ($64,701.8), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (00:30 UTC) closed UP at $64,708.1, i.e. back above VWAP, so there is no confirming 15m close through or rejecting the level. Price is also pinned in a $60-wide chop between dVAL/D-Open/dPOC/VWAP (64,684–64,735) — mid-value, no trend to join and no swept level reclaimed — with flat 5m delta (-4.7 BTC) and negligible overnight volume, i.e. a poor reaction. No trigger, no location edge: pass.

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