Passed — no trade

Price is sitting at the very top of a tiny 400-dollar overnight range, right on the developing dPOC/dVAH ($78,820/78,843) with pdVAH $78,803 in the same pocket — i.e. mid-value chop at fair value, the one location the method says not to open new positions. The only named 15m close (01:45) wicked ABOVE dPOC/pdVAH and closed BELOW them, which points short, but that is a rejection at the developing day high with no confirmed lower-timeframe structure break and the 5m/1m tape and Delta 5m (+12.1 BTC, confirming_up) are pushing straight back into it — so the trigger is contradicted by flow, and the 4h CVD bearish divergence conflicts with that up-flow too. Volume into the level is negligible (sub-16 BTC 15m prints) and OI is flat: a poor reaction. No clean level-reaction, and the tape is sideways, not a trend, so no continuation entry either.