Passe — pas de trade

The fired trigger is a 15m candle (22:45) that wicked $21 above daily VWAP and closed $21 below it — a micro-rejection on 12 BTC in the dead late-US hours, not a meaningful reaction at a level: no delta response (5m delta flat, Σ -1.4 BTC), OI flat/short-covering, and price has been chopping either side of VWAP all evening rather than rejecting it. Corroboration also contradicts a short: CCV bias is long_bias with acceptance activated, 4h CVD confirming up, funding negative, and the day is an up day holding above D-open and pdEQ. With one loss already on this book, this is exactly the poor-reaction, conflicting-signal setup to decline.