Passed — no trade

No tradeable trigger: price is sitting exactly on the fresh D-Open ($77,234.5) / pdEQ ($77,231.0) with a brand-new day just opened — the 23:45 15m candle simply drifted up into the level on 0.2 BTC volume, which is neither a close through it nor a rejection at it. Tape is a dead range (1H range $77,004–$77,458, total ~0.45%), Delta 5m is flat (-0.1 BTC/30m), OI is flat at 4h, funding neutral, CCV not in play — no established trend for a continuation and no swept level for a reversal. Mid-profile fair-value location with no reaction quality is exactly the no-trade zone.