Passe — pas de trade

The gate fired on a 5m close through daily VWAP ($79,611.3), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (08:45 UTC, O $79,575.3 H $79,626.0 L $79,559.1 C $79,616.5) is a tiny 0.08% inside-range candle that neither breaks nor rejects any level, so no 15m trigger exists. Price is also pinned mid-structure between dVAL $79,576 and dPOC $79,706.5 with the whole day's range only ~$337 — this is POC chop / no-trade middle-of-value territory, and the reaction quality is poor (near-zero volume in the last 20 minutes, flat 5m delta -39.5 BTC, flat OI). With CVD bearish divergence against Greed sentiment and a bullish forming session, the directional read is also uncorroborated.