Passe — pas de trade

Pass: the 01:30 UTC 15m candle did reclaim developing dPOC $64,781.5, but that reaction has since failed to hold as price printed a lower low at $64,756.8; the current 15m recovery is still forming, so there is no fresh confirmed 15m trigger. The location is also mid-value/POC and broader confirmation conflicts—5m delta is confirming down while 4h CVD diverges bullish and OI is weakening—so reaction quality and direction are unclear.