Passe — pas de trade

The gate fired on a 5-minute close 0.7 dollars below the developing VAL ($79,576.0) — that is not a trigger on this book: the named trigger must be a 15-minute close, and the last closed 15m ($79,575.3) is effectively AT the level, not through it, on 1.1 BTC of volume. The tape is a dead 340-dollar overnight range wedged between dVAL/VWAP/D-Open, with delta flat (-0.6 BTC/30m) and no reaction quality at the level — no trend to join, no rejection, no reclaim. Missing element: a confirming 15m close plus any meaningful order-flow response.