Passe — pas de trade

The only trigger is a 15m close back below the D-Open ($77,353.6) — but the location and corroboration do not support a short: price is above daily VWAP ($76,929.9) after a strong bounce off the day low/dVAL, dPOC sits at $76,699.5 just below, 4h/1h candles closed up, CVD is confirming up and funding is slightly negative (shorts paying) — the broader signals contradict a downside read, so this is a weak fade back into value rather than a clean rejection. Equally, no long trigger exists: price has not reclaimed D-Open on a close and dVAH $77,276 is being chopped through with no reaction quality (tiny volume on the last several 15m candles).