Passe — pas de trade

The only fresh event is a 5-minute close below the weekly open ($77,685.3) — a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (02:00 UTC, $77,754.6→$77,713.0) is entirely above the weekly open, so no 15-minute close through or rejection at the level has printed. Reaction quality is also poor: the last hour is 1–10 BTC per candle with 5m delta flat (+0.3 BTC) and price chopping in a $77,590–$77,910 micro-range between dVAL, VWAP, D-open and W-open, i.e. mid-value no-trade zone rather than a level with a response. Trigger missing plus dead flow into the level — pass.