Passe — pas de trade

The 14:00 UTC 15m candle did close back below the swept pdH at $64,642.4, but the short lacks corroboration: 4h CVD is confirming up, 5m delta shows bullish divergence, and price remains above VWAP. With honest invalidation beyond the $64,938.8 trigger wick (about $65,070), the nearest major objective around pdPOC/VWAP at $64,338.5–$64,341.1 offers below 1:1 R:R, so the setup fails the payoff floor.