Passe — pas de trade

The gate fired on a 5-minute reclaim of daily VWAP ($78,327.8) — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15-minute candle (04:00 UTC, O $78,368.3 H $78,423.1 L $78,196.5 C $78,341.9) is a small down candle that merely straddles VWAP rather than rejecting or closing decisively through it. Price is also pinned between dVAL $78,230 / VWAP $78,327.8 / D-Open $78,286.1 in the middle of the developing value area — chop, not a level reaction — with 5m delta confirming down (-50 BTC) against a bullish reclaim and 4h OI showing short-covering, so corroboration is mixed. No 15m trigger, poor reaction quality: pass.