Passe — pas de trade

Only a short may be recorded on this book, and there is no confirming short trigger: the 02:30 15m candle CLOSED UP through dPOC, VWAP and D-Open (a bullish reclaim, not a rejection), and the only bearish touch is a single wick above dVAH $76,334 with price still pressing it, not a completed rejection from a strong level. Flow also contradicts a short — CVD confirming_up, 5m delta +20.1 BTC, OI building healthily — so the directional read for the only permitted side is missing its trigger and its corroboration.