How we research microstructure events in crypto perpetuals — order-book dynamics, liquidations, and what the order flow tells us. Long-form only. No signals.
New module: the BTC liquidation heatmap, expected levels and realized liquidations on one grid. Background: how to read a liquidation heatmap.
What order flow trading is and how to read it in crypto perps: footprints, CVD, order book imbalance and absorption across Binance, Bybit, OKX and Hyperliquid.
What the CoinGlass liquidation heatmap shows, what it costs, and how MarketTrace's free map differs: expected and realized layers on one canvas.
A liquidation heatmap is a model glued to a partial tape. Six things it cannot know, checked on one week of BTC liquidations: 19,162 prints, $464M, three venues.
What an MCP server is, how the Model Context Protocol works, MCP vs API, which AI apps speak it, and what a live market-data server changes for traders.
The Clarity Act failed and the Fed hiked for the first time since 2023. Bitcoin went on to $81K anyway. Open interest in coins shows who built it.
Long buildup, short covering, long unwinding: we tested the open interest playbook on 136,000 hours of Binance BTC, ETH and SOL data. Direction: no. Volatility: yes.
Bitcoin ran from $64.5K to $79.6K in 45 hours. We replay it in consolidated order flow: $2.2B of taker buys in 30 minutes, $1.09B of shorts liquidated.
Bookmap's free Digital tier gives real-time crypto for one instrument. The footprint chart is Global Plus only, at $79 to $99 a month.
TradingView's Volume Footprint needs Premium or Ultimate. What that buys: second-resolution intrabars, inferred buy/sell, one venue's tape.
Sierra Chart's own engineering account says Numbers Bars cannot be used accurately with Binance data, and the mechanism is Sierra's own volume field.
TradingLite is closed and its technology is for sale. What its own site and status page show, and where browser-based order-flow users can go now.
Every real way to get a free volume profile: TradingView plans, thinkorswim, NinjaTrader, GoCharting, Webull, and a free cross-exchange BTC perp profile.
We detected 4,827 fair value gaps across 826 days of Bitcoin data and measured fill rates, time to fill, and whether FVGs beat random price levels.