Passe — pas de trade

The only trigger is a marginal one: the 18:00 15m candle poked $78,126.1 (day high / just above dVAH $78,108) and closed $78,022.2 — a rejection at a developing VA edge, but the "sweep" was of a still-developing day high with almost no volume (3.3 BTC) and 5m delta is flat (-0.6 BTC), i.e. a poor reaction with no order-flow response. Corroboration also contradicts a short: CVD is confirming_up, funding slightly negative, price is above VWAP $77,733 and D-Open $77,801 with the whole session grinding higher — fading a bid tape into a $78k edge is fading momentum, not a confirmed failed auction. Nearest downside structure (dPOC $77,775 / VWAP $77,733) is ~$250 away against a stop above $78,150, so R:R to a real T2 is under the floor as well.