Passe — pas de trade

Price is pinned in the middle of a dead overnight micro-range ($78,400–$78,700) with dPOC $78,571, VWAP $78,602 and M-Open $78,511 all stacked within $100 of spot — this is textbook POC chop / mid-range no-trade zone. The only "trigger" is a 5m wick-and-close around dPOC, which is not a valid named trigger (must be a 15m close), and the last closed 15m candle actually closed BELOW dPOC/VWAP/dVAH, contradicting the long read; flow is flat (Δ -1.1 BTC) and 4h CVD reads bearish divergence, so there is no corroborated direction. STATE also shows this dev_poc level already fired within the last 30 minutes, so I demand a fresh 15m close at a real edge (pdVAL/dLow below or pdVAH/pdH above) before engaging.