Passe — pas de trade

Only a short may be recorded on this book, and there is no valid short trigger: the gate fired on a 5m wick-and-close below VWAP $81,363.3, but a 5m close is never a trigger, and the named 15m facts show the 01:30 close ($81,117.7) contains no scanned level and the 01:45 candle is still forming. Structure and flow also contradict a short — daily just broke out to $81,719 with healthy OI (+1.10% 4h), bullish CVD divergence, and price holding above D-Open/pdH; shorting into an uptrend with flat 5m delta and no confirmed 15m rejection close at VWAP is fading momentum, not trading a reaction.