Passe — pas de trade

The 15:45 15m candle closed through dPOC $83,877.5 and dVAH $84,020.0, but a close THROUGH a level is confirmation, not an entry — price at $84,068.5 is still at the trigger candle's extension, not the retest, and no pullback into the dVAH/dPOC has occurred. Reaction quality is also thin: Delta 5m is flat (+0.6 BTC over 30m) with OI in short-covering (-0.28% 4h), so the break above developing value is not being confirmed by aggressive flow, and overhead pdEQ $84,226.9 / W-Open $84,404.0 sit immediately above, capping R:R on a chase. This is a watch, not an entry.