Passe — pas de trade

The 14:30 15m candle closed below both VWAP ($79,154.5) and the developing dVAL ($78,973.0), which is a valid bearish level-loss trigger — but the entry would be the RETEST of dVAL from below, and price at $78,880 is already extended past it with no pullback yet. Corroboration is also mixed: 4h OI reads healthy_uptrend +1.06% and 5m delta is flat (+23.7 BTC) into the break, i.e. a poor reaction with no aggressive sell response, and the day is chopping in a $78,400–$79,711 range rather than trending. No clean trade.