Passe — pas de trade

The gate fired on a 5m interaction with dVAL ($78,315) / pdH ($78,289.4), but a 5m close is never a valid trigger on this book — the named trigger must be a 15-minute close, and the last closed 15m (23:00 UTC, O 78,374.7 C 78,308.9) is just a small inside-drift candle that neither closes decisively through nor rejects the level; it straddles dVAL/pdH with no reaction quality. Volume and delta are dead here (Σ -3.5 BTC/30m, flat; OI weakening on short-covering), so there is no order-flow response at the level to corroborate either side, and the tape is chopping sideways between the day open $78,199 and VWAP $78,598.7 — no trend to join either. No trigger, poor reaction: pass.