Passe — pas de trade

The gate fired on a 5-minute close through dVAH ($79,649.0), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (07:00 UTC, O $79,623.6 / C $79,659.6) barely straddles the dVAH and is not a decisive close through or a rejection at any tradeable level; the 07:15 candle is still forming. The tape is also a dead overnight coil ($79,411–$79,689, ~0.3% range) sitting on top of VWAP $79,575 / dPOC $79,606 / D-Open $79,635 — the no-trade middle of the developing profile, with sub-1 BTC candles and flat OI (+0.17%), a poor-reaction location. Missing element: the confirming 15-minute trigger at a level worth trading.