Passe — pas de trade

The fired level is the developing day POC at $85,650.5 — mid-value "POC chop", explicitly a location the method says not to open new trades at, and price is sitting inside the developing VA ($85,458–$85,947) rather than at an extreme. The 15m close at 01:45 ($85,649.0) is barely a dollar below the dPOC, not a genuine rejection or thrust with a retest, and the 5m delta is flat (+45 BTC) with dying volume — a poor reaction. STATE also shows this dev_poc already fired within the last 30 minutes, so I require a fresh trigger at a real edge (dVAL $85,458 / dVAH $85,947) before committing a short.