Passe — pas de trade

The gate fired on a 1-minute wick-and-reclaim of the D-Open ($78,199) — a 1m close is never a valid trigger on this book, and the 15m 06:30 candle simply closed up mid-range without rejecting or breaking a named level. Price is compressed between dVAH/dHigh ($78,133–78,273) and VWAP ($78,071) on near-zero volume (0.0–6 BTC per 15m), with flat funding, flat 5m delta and flat OI — a poor-reaction, no-conviction tape. No level-reaction trigger, no established trend to continue, so there is no trade here.