Passe — pas de trade

Only a long may be recorded on this book, and there is no clean long trigger. The 04:45 15m candle "reclaim" of dVAL $80,326 is a marginal dev-VA edge reclaim inside a two-hour downswing (81,273 → 80,062) that is still making lower highs; the same candle wicked above pwH $80,417 and CLOSED BACK BELOW it — a bearish rejection at the higher-tier settled level, which contradicts the long, not corroborates it. Corroboration is also missing: 4h CVD confirming_down, 5m delta flat/negative, funding flat positive and price below daily VWAP $80,535 (resistance). No qualifying long setup — pass.