Passe — pas de trade

The trigger is a marginal one: a tiny 9.7 BTC 15m candle reclaiming pdEQ ($83,600.6) on near-zero late-session volume — a poor reaction with no delta response worth the name (Σ +10.7 BTC/30m) and 4h CVD still confirming_down. Price is also below daily VWAP ($84,153.7) and the 4h trend is a series of lower highs off $85,593.6, so a long here is against the flow backdrop, while the level itself (pdEQ) sits mid-range between dPOC $83,160.5 and VWAP — no clean confluence and no honest 2:1 to a real objective. Missing: corroboration and reaction quality.