Passe — pas de trade

The gate fired on a 1m close back above pwVAL ($77,782), but a 1m close is never a valid trigger on this book and no 15-minute candle has closed as a reclaim of pwVAL — the last closed 15m (15:15) opened and closed entirely below/around the level with a $77,683.8 low, and the current 15:30 candle is FORMING. Corroboration is also against a long here: CVD is confirming_down, 5m delta is flat (+1 BTC — no buying response at the level), price is below daily VWAP $78,130 and below the day open, and the 15m/1h structure is lower highs since $79,161. No confirming close plus a poor reaction at the level = pass.