Passed — no trade

Price is sitting just above the developing day low ($77,241.7) / dVAL ($77,388) after a clean downside push, but there is no trigger: the 16:30 candle made the low and the 16:45/17:00 15m candles closed back above $77,388 without any reclaim close back above a swept pre-existing level (dLow is a fresh extreme, not a pre-existing defined level, so no SFP/failed-auction location). Reaction quality is poor — Delta 5m is flat (+0 BTC over 30m), volume has collapsed to ~5 BTC per candle, and OI is falling (shorts covering, not trapping), so there is no delta response to corroborate a reversal long; equally a continuation short here would be fading momentum straight into dLow/pmVAH support, which is forbidden. No clean setup either way.