Passe — pas de trade

The gate fired on a 5-minute close back below dVAH ($79,891) / pwVAH ($79,909), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (03:15 UTC, O 79,897.2 / C 79,865.2) is an inside-range doji-ish bar in a $79,833–$80,012 chop band, not a clean rejection close through a level. Price is sitting essentially on daily VWAP ($79,882.9) and the developing dPOC ($79,868.5) — the middle of value, the exact POC-chop location the method says not to trade — with dead volume (0.3–3 BTC per bar), flat 5m delta (+2.8 BTC) and OI only short-covering, i.e. a poor reaction with no order-flow response. No trend to join either: 1H/15m are sideways. Missing the trigger and the reaction quality, so I stand aside.