Passe — pas de trade

The gate fired on a 5-minute wick-and-close-back under daily VWAP ($79,566.5), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (05:45 UTC, O 79,489.3 / H 79,571.8 / L 79,463.9 / C 79,546.3) closed UP and sits right on VWAP, not a rejection of substance. Price is dead in the middle of a 300-dollar overnight coil (dVAL 79,540 / dPOC 79,606 / VWAP 79,566 all within ~$70), which is textbook POC chop with no directional edge; volume is near-zero (0.4–4 BTC per 15m), 5m delta is flat and OI is flat, i.e. a poor reaction at the level. No level-reaction, continuation or sweep-reclaim trigger has printed on the 15m.