Passe — pas de trade

The only "trigger" is a 5m close back above daily VWAP ($78,048) — a 1m/5m close can never be the named trigger, and the 15m at 02:30 closed at $78,053 essentially ON VWAP, which is not a rejection or a close through anything meaningful. Price is pinned in a 100-dollar coil between dVAL $77,942 / dPOC $77,961 and dVAH $78,082 with near-zero volume (0.0–5 BTC bars), flat 5m delta (-5.8 BTC) and drifting open interest — a mid-range, no-trade zone with a poor reaction. No level-reaction trigger, no trend to continue, no swept level reclaimed.