Passe — pas de trade

The only trade permitted here is a long (this book already holds an open short), and the long case is not corroborated: the 15m "trigger" is a tiny 4-point VWAP reclaim inside a 100-dollar chop range, the same candle was rejected at dPOC $84,170.5 (wick above, close below), and the broader read is bearish — daily closed down hard from $87,238 to $84,336, 4h CVD shows bearish divergence, 5m delta is flat/negative (-35.7 BTC), and OI is only short-covering (-0.58%). That is a poor reaction at the level: no volume, no delta response, price pinned between dVAL $83,914 and dPOC $84,170. No level worth longing with confluence, and no clean trigger — pass.