Passe — pas de trade

The only trigger is a 15m close through the developing dVAH ($78,104) on 2.1 BTC — a micro-volume overnight candle inside a $340 chop range ($77,932–$78,273) that has gone nowhere for 12 hours; price is currently at the extension of that close, not at a retest. Delta 5m is flat (-0.5 BTC), OI is flat -0.10%, and the day's structure is a balanced inside-day sitting between D-Open $78,199 and VWAP $78,061 — that is the middle of the range, the poor-reaction location the method says to pass on. Reaction quality, not just the missing retest, blocks this, so I decline rather than wait.