Passe — pas de trade

The gate fired on a minor 15m/5m close back below pwL ($75,907.5), but that is not a tradeable trigger here: price is chopping in a tight 75,813–76,311 band, sitting essentially on daily VWAP ($75,765), dPOC ($75,691) and D-Open ($75,542) — i.e. at fair value in open space with no clean rejection wick and no established trend (1m/5m structure is sideways, 4h closed up, CVD confirming up while price drifts down = conflicting). The reaction quality is poor: the "trigger" candle carried 7.1 BTC of volume on a holiday-thin tape and 5m delta is flat (-2.3 BTC/30m), no delta response at the level. With supports (VWAP/dPOC/dVAL/D-Open) stacked immediately beneath, a short here would be fading momentum into support, which the method forbids.