Passed — no trade

The gate fired on a 5m wick-and-close-back below the day open ($77,353.6), but no 15-minute candle has confirmed anything: the last closed 15m (18:00) closed UP at $77,339.2 with a tiny 9.7 BTC of volume and did not reject or close through the level — a 5m close can only corroborate, never be the named trigger. The reaction quality is also poor (near-zero volume into the level, price coiling in a $120 range) and the read is mixed: CVD confirming up and OI building healthily against a bearish 5m delta divergence, so neither side is corroborated. No level-reaction, no with-trend close, no swept-and-reclaimed level — nothing to trade.