Passe — pas de trade

The gate fired on a 5-minute wick-and-close-back below dVAH $77,755 — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m (08:45) is an inside, low-volume candle that neither closed through nor rejected any level; it sits mid-range between dVAH $77,755 and dPOC/VWAP ~$77,420–77,493. The pmVAH $77,682 reclaim on the 09:00 15m close is a marginal, minor-magnitude reaction with flat 5m delta (-1.4 BTC/30m) and tiny volume — a poor reaction, not tradeable. Direction is also conflicted for a short: CVD confirming_up, OI building in a healthy uptrend, funding neutral, and price is above VWAP and the day/week open — so fading into the developing VA edge lacks corroboration.