Passe — pas de trade

The 02:45 UTC 15m candle did close through the developing POC at $64,377.5, but after two consecutive losses this does not meet the stricter bar: the response was low-volume with flat 5m delta and flat OI, while bearish 4h CVD, short-bias CCV, and the short-covering backdrop contradict the bullish break. Price is also above the actual dPOC backtest rather than showing a clean hold there, so corroboration and a qualified retest are missing.