Passe — pas de trade

The gate fired on a 1-minute close through pwVAH ($79,909) — a 1m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (11:00 UTC, O 79,958.1 / H 79,958.1 / L 79,878.2 / C 79,942.5) is an inside-range down candle that neither closes decisively through nor rejects the level; it is chop right on top of dVAH/pwVAH. Price is also pinned mid-cluster between VWAP $79,826.5, dPOC $79,869.5, pwVAH $79,909 and dVAH $79,968 — a no-trade middle with a ~$540 day range, flat 5m delta (+1.7 BTC) and short-covering OI, i.e. a poor reaction with no participation. Missing element: a confirming 15-minute trigger, plus corroboration (CCV short_bias against confirming_up CVD and a rising day).