Passe — pas de trade

The only trigger is a 15m wick-and-close-back over the developing day POC ($79,606.5) — a minor, mid-range dev level with price boxed inside a 280-dollar overnight range (dLow 79,411.5 / dHigh 79,688.9) that sits right on top of dVAH, D-Open and VWAP. That is the middle of balance, not a strong location, and reaction quality is poor: 3.7 BTC on the trigger candle, 5m delta flat (+2.8 BTC/30m), OI flat +0.05%, and the 4h CVD shows bearish divergence contradicting a long. Corroboration and reaction quality both fail, so this is a pass, not a wait.