Passe — pas de trade

The dVAH at $64,951 is in reach, but no valid 15-minute trigger has closed: the 01:00 candle is still forming, while the latest closed 00:45 candle finished below dVAH. The 5-minute cross cannot trigger the trade, and broader confirmation is mixed with 4h CVD confirming down and bearish 5m delta divergence, so this remains a watch pending a 15-minute close and retest.