How we research microstructure events in crypto perpetuals — order-book dynamics, liquidations, and what the order flow tells us. Long-form only. No signals.
What order flow trading is and how to read it in crypto perps: footprint charts, CVD, order book imbalance and absorption across Binance, Bybit and OKX.
US strikes on Iran, gas back at $4, Brent near $90. BTC just closed above $66K for the first time in a month. What the cross-exchange tape actually shows.
Five ways to short crypto, what each costs, and what the data says about squeezes. With a live example: shorting bitcoin into the June 2026 FOMC meeting.
The Fed held rates, raised the dot plot and dropped forward guidance. A month later BTC funding sits mid-range and open interest is flat. The tape, read.
We measured forward returns after extreme funding percentiles on BTC, ETH, SOL, BNB, XRP and DOGE: 789 days, three venues. Two popular beliefs fail the test.
Four VWAP trading strategies adapted to 24/7 crypto perps: the pullback, the reclaim, band fades, and anchored VWAP from events. With order-flow checks.
Trump's 2025 crypto income hit $1.4 billion while $TRUMP holders lost $3.81 billion, and BTC perpetual funding now sits at its two-year median, 0.65 bps per 8h. Twenty months of the 'crypto president' trade, read through funding, open interest, and liquidations.
What a crypto MCP server is, how to connect one to ChatGPT, Gemini or Claude, and an honest list of free servers for prices, news, onchain and perps data.
How to read a volume profile: POC, value area, HVN/LVN, and three strategies adapted for 24/7 crypto perps. BTC examples, honest caveats.
Coinbase and Kalshi brought CFTC-regulated perpetual futures to US traders. What onshore perps actually change for funding, CVD, and the cross-exchange liquidation map.
Bitcoin held through the Iran war and the Trump–Xi summit, then slid 22% below $60,000 on no new catastrophe, and bounced just 3% when Trump declared the war over. The crash was a leverage unwind, and the microstructure data shows it maturing. Here's the tape.
How the footprint chart was invented, who owns the trademark, why it almost died with MarketDelta in 2018, and what it shows about order flow on modern crypto perps.