Passe — pas de trade

The 11:00 UTC 15m candle did trigger a bullish pdVAH $64,431 reclaim (wick $64,420.1, close $64,494.3), but the required corroboration is insufficient: the reaction printed only 4.4 BTC of volume and 30m taker delta is flat, despite supportive 4h CVD/OI. This is a structurally valid trigger with a poor order-flow reaction, which is sufficient to pass rather than force the long.