Passe — pas de trade

The gate fired on a 5m close back below pdH ($64,642.4), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (15:30) closed UP at $64,674.0, i.e. above pdH, so there is no 15m rejection or reclaim close to name. Price is also chopping in the middle of the developing day range between dPOC $64,731.5 and VWAP $64,382.3 with flat 5m delta (-0.5 BTC) and near-neutral funding — a poor reaction, no confluence, and no confirmed trigger in either direction.