Passe — pas de trade

The only fired location is daily VWAP ($76,753.3), which STATE says I already attempted within the last 30 minutes — no fresh 15m trigger has printed since (the named 15m close at 02:30 actually closed BELOW VWAP and below dVAH, contradicting the 5m reclaim that fired the gate). Price is pinned in a $76,700–76,950 chop between dPOC, VWAP and dVAH with flat 5m delta (+1.7 BTC) and tiny volume — a poor, no-conviction reaction at a mid-range location, and the 4h CVD is confirming_down against the long_bias CCV read. No clean trigger, no reaction quality: pass.