Passe — pas de trade

The only trigger is a 15m close through the developing VAL ($78,589) — a thin, low-conviction break in dead overnight hours, and it is a close THROUGH, so the entry would be the retest of $78,589 which has not occurred (price is $78,553, still below it, i.e. the extension not the retest). Corroboration is also mixed: 5m taker delta is a bullish divergence (+25 BTC) against the new low, OI is flat, and price sits between dVAL, the day open ($78,407) and VWAP ($78,684) with the day one-time-framing nowhere — a chop location, not a clean short. No level-reaction, no established trend to join.