Passe — pas de trade

Only a short may be recorded on this book, but the structure and flow point the other way: the 04:15 15m candle closed UP through pwVAL ($76,970), dPOC and dVAH, CVD is confirming_up, 5m delta +27.5 BTC, CCV bias is long_bias and the day is making higher lows off $76,478. The dHigh "rejection" is a single 5m wick at a developing high with no 15m close back below a defined prior level — no valid short trigger, and a counter-bias short here would be fading a momentum thrust into open space above value.