Passe — pas de trade

The gate fired on a 5m sweep-and-reclaim of dVAL $77,518, but the named trigger must be a 15-minute close: the last closed 15m (16:00 UTC) closed DOWN at $77,594.1 through the level's zone and the 16:15 candle is still FORMING — no 15m reclaim close exists. Corroboration is also against a long here: 4h CVD confirming_down, 5m delta confirming_down (-7.6 BTC) with no delta response at the low, thin volume into the flush, and price below VWAP $78,121 / D-Open $78,511 with the day making lower highs. A structurally weak reaction plus a missing 15m trigger is a pass, not a trade.