← Research libraryMarket structure,
Research · 研究 · Market structure
Market structure,
mapped.
How this market is actually plumbed: cycles and winters, liquidity and venues, weekends, regimes, and the ETF era. The mechanics that make crypto move differently from everything else.
7 published measurements · top-100 liquid universe · regime dial with fixed thresholds · refreshed every 4 hoursEvery formula published · the board · attested daily · research, not advice
2 notes · Market structure
Research · 研究 · 66 · Market structure
Crypto market cycle phases, explained: the wheel is real. Its edges only show backwards.
The four phases mapped onto 2015-2026, the mechanics that turn the wheel, measurable phase signatures, and the honest limits: hindsight boundaries and a broken script.
12 Oct 20264 min readMarket structure
Research · 研究 · 65 · Market structure
Crypto correlation goes to one: a hundred tickers. One position, honestly counted.
The asymmetry that voids diversification: dispersion in uptrends, correlation-one in stress, the transplant's four-positions-one-bet demonstration, and the dial's two faces.
30 Sept 20264 min readMarket structure