Passe — pas de trade

The trigger is a 15m reclaim close back above pdPOC $80,965.5, but the close is only $35 above the level on 6.3 BTC of volume — a poor, low-conviction reaction with Delta 5m flat (+1.6 BTC) and 4h CVD confirming_down, i.e. no aggressive flow confirming the reclaim. Price is also chopping in a $150 band between pdPOC/dPOC ($80,875-80,965) and VWAP $81,273 with OI weakening (-0.37% 4h) — a mid-range no-trade zone between the developing VAL/D-Open $80,845 and dVAH $81,446, so any long here offers no honest 2:1 to a real structural objective. Missing leg: reaction quality/corroboration, not the trigger.