Passe — pas de trade

The gate fired on a 1-minute wick-and-reclaim of dVAL $78,522 — but a 1m close is never a valid trigger on this book, and the named 15m candle (13:45 UTC) closed DOWN at $78,573.1 after wicking to $78,070.4, i.e. no 15-minute reclaim close back above the level has printed; the day's structure is lower highs from $81,226 with CVD confirming_down, so the corroboration favours continuation lower, not the long the reclaim implies. Delta 5m is flat (-7.6 BTC) into the low and OI is falling (short covering, -1.95% on 4h) — a poor reaction with no trapped-shorts fuel, which is itself sufficient to pass. No trigger, weak reaction quality, conflicting bias.