Passe — pas de trade

The 19:00 UTC 15m candle did print a valid rejection/reclaim of VWAP $64,110.4 and pwPOC $64,114.5, but long confluence is conflicted by armed CCV short bias, confirming-down 5m delta, and a short-covering 4h OI move. With a properly buffered stop beyond the $64,057.5 rejection wick, the next major objective near pmVAH $64,599 offers only about 1.5:1–1.6:1 R:R, below the 2:1 floor, so no trade.