Passe — pas de trade

The gate fired on a 5-minute close below pdPOC ($77,470.5) — but a 5m close is never the named trigger, and the 15m that just closed ($77,594.2 → $77,447.6) is a break-through candle with price sitting at its low, i.e. the extension, not the retest; entering here is the chased trade. Reaction quality is also poor: taker delta over the last 30m is flat (-1.8 BTC), open interest is flat on both 4h and 24h (no new positioning into the break), and volume into the level is tiny — a weak-conviction breakdown, not a confirmed one. No level-reaction trigger and no valid with-trend retest yet, so I stand aside.