Passe — pas de trade

The gate fired on a 5-minute close above daily VWAP ($79,580.2), but a 5m close is never a valid trigger on this book, and the last CLOSED 15m candle (03:30 UTC, O 79,553 / C 79,587) is just a 34-point inside candle chopping around VWAP — no close through or rejection of any tradeable level. Price is pinned in a 150-point overnight coil between dVAL 79,554 and dVAH 79,641, i.e. mid-value at the developing POC 79,606 — the exact "no trade zone" location — with 5m delta flat (-1.4 BTC) and near-zero volume, a poor reaction by any standard. No trend to join either: 1m/5m/15m are sideways while 4H CVD confirms down and Fear&Greed reads 73 Greed, so direction is unconfirmed as well as untriggered.