Passe — pas de trade

The only trigger is a 15m close back above the developing POC ($76,854.5) — a mid-range, fair-value location the method explicitly calls a no-trade zone (POC chop, 50/50), and price is already extended above it rather than retesting it. Corroboration also contradicts a long: CVD confirming_down, 5m delta bearish divergence (-81.9 BTC), day open $78,136.7 and VWAP $77,262.9 overhead as resistance, and a clear intraday downtrend of lower highs/lower lows since the 79,557 sweep. No Tier-1 level is in play at current price, so there is no clean setup.