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The gate fired on a 5-minute close below pwPOC ($64,338.5), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (15:45) simply drifted back to $64,298.3 without rejecting or breaking any named level with conviction, and price is sitting in dead space between pwPOC/dPOC ($64,338.5/$64,388.5) above and VWAP $64,238.9 / dVAL $64,066 below. Flow is also unhelpful: 5m delta flat (-0.1 BTC), OI in short-covering, 4h CVD confirming up while price fades — a poor reaction, not a tradeable one. No confirming 15m trigger, so this is a watch, not a trade.

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