Passe — pas de trade

The only trigger on the tape is a bullish one — the 17:00 UTC 30m candle wicked below pmH $81,468.1 and closed back above it, a reclaim in the LONG direction — and STATE already has an open long on this book, so no same-direction trade may be recorded. There is no short trigger: no 30m close has rejected a higher-timeframe resistance (wHigh $81,894.7 / mHigh $82,265.2 are untested from above), price is above daily VWAP with CVD confirming up, funding mildly positive and Fear & Greed at 71 — every corroborating signal contradicts a short here.