Passe — pas de trade

The only trigger is a marginal 15m close $2 below pdVAL ($77,095.0) — a $16 body break of a level sitting inside a tight $77,004–$77,285 balance, with price still glued to daily VWAP ($77,122) and dPOC ($77,160) just above. That is not a confirmed close through a level worth trading: no retest has occurred, the reaction is poor (5m delta flat at +32.6 BTC, no delta response to the break, volume evaporating after the 06:45 flush), and the level cluster below (dVAL $77,060, dLow $76,948, pwVAL $76,970) leaves no honest room to T2 for 2:1. Structure is balance/chop, not trend, so neither a continuation nor a clean level-reaction entry exists.