Passe — pas de trade

The gate fired on a 5-minute close back above daily VWAP ($64,372.5), but a 5m close is never a valid trigger on this book — the only closed 15m candle (00:00 UTC) closed DOWN at $64,354.6, i.e. below VWAP, so there is no confirming 15-minute close through or rejecting the level. Price is also pinned in a 60-dollar coil between dVAL $64,319 and dHigh $64,484 with the new day barely 25 minutes old, delta flat (-14.8 BTC) and CVD showing bearish divergence against a short-biased CCV while price sits at the day open — no corroboration, no reaction quality. No trigger, no trade.