Passe — pas de trade

Only a short may be recorded on this book, but the structure argues the other way: the 19:30 15m candle wicked the dPOC $81,240.5 and CLOSED back above it — that is a bullish reclaim of the developing POC, not a short trigger. The only bearish element is the same candle closing below pdVAH $81,318.0, which is a marginal mid-value level with near-zero volume (1.8 BTC) and flat 5m delta (-3.1 BTC) — a poor reaction and no corroborated short trigger. Shorting here would also be fading into dPOC/dVAL support with price above the day open and daily VWAP within $120.