Passe — pas de trade

The only trigger is a trivial 15m wick-and-reclaim of the D-Open at $78,265.6 on almost no volume (9.4 BTC, 5m delta flat at -5.4 BTC over 30m) — a poor reaction with no delta response, not a stop-rich swept level. Structurally price is chopping in a tight $77,877–$78,479 band between dVAH $78,165 and the day high, i.e. mid-range with no established trend to continue and no clean level reaction; the 4h CVD reads bearish divergence against the CCV long bias, so corroboration is mixed. Nearest real objective (D-nPOC/pdPOC $78,733.5) versus an honest stop below dLow $77,877 does not clear 2:1 either.