Passe — pas de trade

The gate fired on a 1-minute wick-and-reclaim of the D-Open/M-Open at $78,511.5, but a 1m close is never a valid trigger on this book — the most recent CLOSED 15m candle (00:45 UTC) closed DOWN at $78,576.7 with a low of $78,508.6, i.e. it neither rejected the level with a reclaim shape nor closed through it, so no 15-minute trigger exists. Structure is also unhelpful: price is coiling in a $78,500–$78,836 band between VWAP $78,684.9, dPOC $78,717.5 and the day open, with flat 5m delta (-4.3 BTC), CVD confirming down and OI weakening — a poor reaction, not an actionable one. No trigger and no corroboration; this is a watch, not a trade.