Passe — pas de trade

Pass: the fired dPOC at $64,357.5 has only a 5-minute loss; no authoritative 15-minute candle has closed below it, and the 00:30 15-minute candle is still forming. With two consecutive losses requiring a stricter bar, flat 5-minute delta, negligible reaction volume, flat OI/short-covering backdrop, and confirming-up CVD do not provide the clean corroboration needed to re-engage this recently attempted level.