Passe — pas de trade

The gate fired on a 5-minute close below pwPOC $64,338.5 — but a 5m close is never a valid trigger, and the most recent CLOSED 15m candle (01:15 UTC) closed UP at $64,332.2, i.e. no 15-minute close through or rejecting the level. Price is also sitting essentially on top of dPOC/pwPOC/VWAP in the dead middle of a $64,148–$64,381 overnight balance — the no-trade zone — with flat delta (-3 BTC/30m), flat open interest and near-zero volume, a poor reaction by any measure. Missing element: the confirming 15-minute trigger, and the level was already attempted within the last 30 minutes.