Passed — no trade

The only trigger available is a 30m close below the developing week VAL ($78,814) — a break, not a rejection at a strong level, and it comes with price sitting directly on the developing week low ($78,618.4) and just above monthly VAL ($77,095)/pmVAH ($77,682) support, so a short here is fading momentum straight into higher-timeframe support, which the method forbids. There is also no established 4H/daily downtrend for a continuation short (the tape has been ranging $78.6k–$82.2k since the August impulse up), and the weekly/monthly structure closed up, contradicting the bearish read. No valid short location + no corroborated bearish structure = pass; a long is blocked by the open long on this book.