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The gate fired on a 5m reclaim of pdPOC ($63,394.5), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (23:30) closed DOWN at $63,421.0 with no rejection or reclaim shape at the level, so no 15m trigger has printed. Flow is also uninspiring: dead volume (0.7 BTC on the last 1m, 6 BTC on the last 15m), Delta 5m flat (-6.3 BTC), 4h CVD confirming down and OI weakening — a poor reaction at the level. Price is also mid-range between VWAP $63,251 and dPOC $63,658.5, i.e. no-trade middle territory.
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