Passe — pas de trade

The 23:15 UTC 15m candle did close through the developing POC at $63,394.5, but this is a mid-value location with weak reaction quality: its volume was only 5.2 BTC, 30m taker delta is flat, and 4h OI shows short covering rather than fresh participation. With two consecutive losses, the stricter filter rejects the setup; using a properly buffered stop beyond the $63,242.1 local swing and the next major objective at pmPOC $63,910.5 gives less than 2:1 R:R from $63,437.5.