Passe — pas de trade

The gate fired on a 5m close below pdVAH $86,540 — but a 5m close is never the named trigger, and the most recent CLOSED 15m (05:30, C $86,698.6) sits above pdVAH with no 15m close through it; the 15m that lost VWAP/dPOC also reclaimed pdH, so there is no confirmed 15m trigger at this level. Broader signals also contradict a short: 4h CVD confirming_up, OI in a healthy uptrend, funding only mildly positive, price above D-Open and inside a rising weekly value — only the 30-minute 5m delta (-20 BTC) leans down. No confirmed trigger plus conflicting corroboration equals a pass.