Passe — pas de trade

The Tier-1 pwVAL at $63,652 is in reach, but no valid 15-minute trigger has closed: the latest closed 15m candle (10:00 UTC) closed at $63,638.8, still below pwVAL, while only the 10:20 UTC 5m candle reclaimed it. The positive 5m delta is merely corroboration, and flat OI plus weak response volume do not justify trading the level before a fresh 15m reclaim close.