Passe — pas de trade

Price is pinned within a $60 cluster of pdEQ ($76,495), pwVAL ($76,481), VWAP ($76,454) and dVAH ($76,506) — the 15m close at 01:30 sits literally on top of all four, so there is no directional reaction: the same candle wicked above pdEQ/dVAH and closed below them while closing back above pwVAL/VWAP. That is a no-trade middle-of-value location, not a level reaction, and the 1m reclaim of pwVAL is not a valid trigger on its own. Corroboration is also mixed (CCV not in play, 4h CVD bearish divergence against a marginally bullish micro-reclaim, flat 5m delta, flat OI, 39 BTC of day volume), and any honest T2 (dPOC $76,297 below or pdVAH $76,645 above) sits closer than a coherent stop, failing the R:R floor.