Passe — pas de trade

The gate fired on a 5m reclaim of pdH ($64,346.1) — but a 5m close is never a valid trigger; the last CLOSED 15m candle (13:00 UTC) closed DOWN at $64,327.9, i.e. below pdH, so no 15m trigger has printed either through or rejecting the level. Price is also sitting in the middle of the developing day value area (dVAL 64,360 / dPOC 64,398 / VWAP 64,402) — POC chop, a no-trade zone — with flat 5m delta (-3.2 BTC) and a poor, low-volume reaction. No trigger, no location edge: pass.