Passe — pas de trade

The only structural trigger present is a marginal one: the 16:15 15m candle wicked $6 above pwPOC $84,396.5 and closed back below — a token rejection with no real excursion, on 18.7 BTC of volume, i.e. a poor reaction with no delta response (Delta 5m is +9.5 BTC, confirming UP against a short). The 5m VWAP reclaim points long while the pwPOC rejection points short, so the two candidates contradict each other, and price is pinned between VWAP $84,181 and W-Open $84,404 in a no-trade middle after a 85,593 spike and full retrace. No corroborated directional read: pass.