Passe — pas de trade

The only trade permitted here is a short (an open long already runs on this book), but the short read is not corroborated: BTC is one-time-framing up, yesterday closed +5.2% on huge volume, CVD is confirming_up, OI is building in a healthy uptrend and funding is neutral at +0.010% — every broader signal points the other way. The pdVAH "rejection" is a micro-wick of $21 above the level on 1.3 BTC of volume with flat 5m delta (-2.3 BTC), i.e. a poor reaction with no delta response, and price is still holding above D-Open and just under VWAP. A counter-trend short from mid-value on that quality of reaction is exactly the fade-into-strength the method forbids.