Passe — pas de trade

The gate fired on a 1m close below dVAL ($78,875) — but a 1m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (06:15 UTC, O $78,961.8 H $79,000.9 L $78,778.9 C $78,860.6) is a small-bodied inside candle that neither closed decisively through nor rejected the level; it straddles dVAL/VWAP with price pinned between VWAP $78,932.5 and dVAL $78,875. Price is mid-range in the day's developing value (dVAL $78,875 – dVAH $79,172) with no established trend on 15m — chop, not an in-between continuation location. No confirming 15m trigger = no trade; the 5m delta (-32 BTC) alone is confirmation, never a trigger.