Passe — pas de trade

Price is drifting lower into the developing day low ($78,832.5) / M-Open ($78,511.5) region with no confirming 15-minute trigger: the last closed 15m (02:45) is just a down candle inside the drift, not a close through or rejection at a named tradeable level, and no reclaim close back above any swept level has printed. A continuation short here would be fading momentum into the fresh session low and the month open just below — forbidden at a strong support — and the long side has no reclaim trigger at all. No trigger, so no trade.