Passe — pas de trade

The only trigger is a 15m wick above the developing dPOC ($64,944.5) closing $12 back below it — a micro-rejection inside a $130-wide, near-zero-volume chop range (whole session range $64,746–$65,009, last 15m candle 4 BTC). dPOC is fair value, not an extreme: the method says take no new position at the POC, and the reaction quality is poor (flat 5m delta -2.9 BTC, OI flat +0.11%, funding neutral). No level worth trading has a clean reaction and any short here would target dVAL ~$64,888 with a stop above dVAH — sub-1:1 shape on a coin-flip tape.