Passe — pas de trade

The 00:00 UTC 15-minute candle did close through developing POC $64,884.5, but price is now extended at its high rather than retesting the level, and the reaction quality is poor: negligible volume, flat 5-minute delta, weakening 4-hour OI, and confirming-down CVD. The dPOC also sits inside a dense VWAP/open/value cluster, so this is fair-value chop rather than a clean directional location.