Passe — pas de trade

The gate fired on a 5m wick-and-reclaim of daily VWAP ($78,929.5), but a 5m close is never a valid named trigger on this book — the last CLOSED 15m candle (07:30, O $78,904.8 H $78,991.0 L $78,844.5 C $78,945.9) is a tiny 1.5-BTC-volume inside candle that neither closed decisively through nor rejected any level; price is simply pinned at VWAP/dPOC in the middle of a 78,255–79,188 balance. Reaction quality is also poor: 5m delta flat (+3.7 BTC/30m), volume drying up into the 08:00 funding print, and dVAL/VWAP/dPOC all stacked within $200 of each other — no edge location, no confirming close.