Passed — no trade

The gate fired on a 1-minute close a few dollars below the developing VAL / D-Open / M-Open cluster ($78,509–78,511) — but a 1m close is never a valid trigger, and the last CLOSED 15m candle (01:30 UTC) actually closed UP at $78,507.5 after wicking the day low $78,308, i.e. it is a reclaim-ish inside candle, not a rejection or a break-and-retest of the level. Reaction quality is poor as well: 5m delta is flat (+4.3 BTC), open interest is flat on both 4h and 24h, and volume is negligible in dead Asia hours, while 4h CVD is confirming down against the day-open reclaim — conflicting signals with price pinned within a few dollars of VWAP ($78,588), D-Open and dVAL. No confirming 15m trigger, no corroboration: this is a watch, not a trade.