When most of the crowd is long, what happens next?

8,637 historical matches·677 markets scanned·2026-05-15 to 2026-07-26

At a glance

What the historical record shows

Close to a coin flip after 30 minutes: 3,858 rose and 3,670 fell over 7,528 completed windows. No reference rate is available, so no lift is claimed.

Use this to decide what to investigate next. These historical frequencies do not establish a profitable trade.

Share text

Which markets does this cover?

All markets scanned by this study. No market or sector filter.

Results combine 677 scanned markets. They do not establish the outcome for an individual market or sector.

Asset-class and sector breakdowns are not included in this saved result. See research coverage →

Explore market coverage ↓

What is this report for?

Test a market observation against recorded history, compare what followed with the reference rate, then inspect examples before pursuing the idea.

Understand the setup and method ↓
Results by time periodCompare 30 minutes, 1 hour and longer periods, including larger moves

Choose a time period. “Closed” measures the price at its end; high and low points measure prices reached along the way. No same-scope reference is pinned to this report, so no ratio is claimed.

30 minutes1,109 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher2.7%203 of 7,528Not availableNot available
Closed 2% or more lower2.8%211 of 7,528Not availableNot available
Closed 5% or more higher0.4%32 of 7,528Not availableNot available
Closed 5% or more lower0.4%32 of 7,528Not availableNot available
High point 5% or more above1.1%84 of 7,991Not availableNot available
Low point 5% or more below0.9%73 of 7,991Not availableNot available
1 hour1,084 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher5.1%385 of 7,553Not availableNot available
Closed 2% or more lower4.8%366 of 7,553Not availableNot available
Closed 5% or more higher0.8%64 of 7,553Not availableNot available
Closed 5% or more lower0.8%61 of 7,553Not availableNot available
High point 5% or more above2.0%159 of 7,993Not availableNot available
Low point 5% or more below1.9%155 of 7,993Not availableNot available
4 hours1,199 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher12.3%915 of 7,438Not availableNot available
Closed 2% or more lower14.4%1,070 of 7,438Not availableNot available
Closed 5% or more higher3.0%224 of 7,438Not availableNot available
Closed 5% or more lower3.2%238 of 7,438Not availableNot available
High point 5% or more above7.3%584 of 7,994Not availableNot available
Low point 5% or more below7.0%558 of 7,994Not availableNot available
24 hours1,286 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher26.5%1,947 of 7,351Not availableNot available
Closed 2% or more lower31.3%2,302 of 7,351Not availableNot available
Closed 5% or more higher11.1%818 of 7,351Not availableNot available
Closed 5% or more lower14.5%1,065 of 7,351Not availableNot available
High point 5% or more above26.6%2,127 of 7,994Not availableNot available
Low point 5% or more below28.1%2,245 of 7,994Not availableNot available

72 hours: Not included in this saved report.

7 days: Not included in this saved report.

Average and median returns are not available in this report. These frequencies alone do not establish profitability.

When did it happen, and how spread out were returns?Frequency over time and the distribution of 30-minute returns
Occurrences per day · UTC · sum 8,637
3390170MATCHES PER UTC DAY · MAX 339 ON 2026-06-05MAY 15JUN 01JUL 012026-05-15 TO 2026-07-26 · 73 UTC DAYS · ZERO DAYS KEEP THEIR SLOT

Each bar counts matching setups on one UTC day. Look for clusters: many examples from a short period may reflect the same market episode.

Where price ended after 30 minutes

These three groups cover every complete outcome, including the moves smaller than 2%. Bar length shows the share of matches, not the size of the price move.

Fell 2% or more2.8%
211 of 7,528 matches
Between −2% and +2%94.5%
7,114 of 7,528 matches
Rose 2% or more2.7%
203 of 7,528 matches

1,109 incomplete outcomes excluded. This measures the price at 30 minutes, not the highest or lowest price reached on the way.

Detailed distribution: 14 return ranges

30-minute return distribution · 7,528 present · 1,109 absent. Each column counts outcomes in the labelled return range. The ranges have different widths; compare counts, not the shape as a probability density.

≥ +5%: 32 of 7,5282426179412304732284271712651≤−20−15−10−5−2−1<00++1+2+5+10+15≥+20
Results since publicationHave new matches appeared, and what happened after them?
OutcomeOriginal study, 2026-05-15 to 2026-07-26Since publication, from 2026-07-31
Traded 5% or more above the match within 1h159 of 7,993 (2.0%) · 644 absent, not countedloading
Closed 2% or more higher at 24h1,947 of 7,351 (26.5%) · 1,286 absent, not countedloading
Closed 2% or more lower at 24h2,302 of 7,351 (31.3%) · 1,286 absent, not countedloading

Both periods are counted the same way. The later period is the same search on data recorded after publication, not a preregistered test. A missing outcome is never counted as zero.

Matches by marketMost matches: ALLUSDT 181 · COHRUSDT 139 · NOWUSDT 127677 markets itemized

Find where this setup appeared. These are occurrence counts, not performance rankings. Outcomes for individual markets are not included in this saved report.

Showing 25 of 677 itemized markets
Examples and replaysFirst 50 of 8,637 matches

Examples, never the denominator; the counts above cover every match. Replay opens 30 minutes before the moment.

Sort the 50 examples shown here. This does not sort all study matches.

Replay
AEVAEVOUSDT2026-07-25 23:56−0.05%+0.48%−0.11%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7006setup_point_in_time
ACTACTUSDT2026-07-25 23:46+0.11%+0.47%−0.78%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
IREIRENUSDT2026-07-25 23:36·+0.03%−0.08%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7018setup_point_in_time
OGOGUSDT2026-07-25 23:11·+0.27%−0.04%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7011setup_point_in_time
LRCLRCXUSDT2026-07-25 23:06·+0.30%−0.01%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7086setup_point_in_time
TRUTRUTHUSDT2026-07-25 23:06+0.02%+0.83%−0.45%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7001setup_point_in_time
REZREZUSDT2026-07-25 22:56·+0.12%−0.55%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
ICXICXUSDT2026-07-25 22:51···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7001setup_point_in_time
ACTACTUSDT2026-07-25 22:46−0.40%+0.24%−0.96%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
NOWNOWUSDT2026-07-25 22:31···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
XPDXPDUSDT2026-07-25 22:16···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7024setup_point_in_time
REZREZUSDT2026-07-25 21:56···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
AEVAEVOUSDT2026-07-25 21:21···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
HIVHIVEUSDT2026-07-25 21:21+0.30%+0.34%−0.06%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7006setup_point_in_time
TRUTRUTHUSDT2026-07-25 21:06·+0.22%−0.29%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7022setup_point_in_time
MASMASKUSDT2026-07-25 20:51+0.84%+1.31%+0.00%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7107setup_point_in_time
CRWCRWVUSDT2026-07-25 20:01+0.05%+0.07%−0.07%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7001setup_point_in_time
MASMASKUSDT2026-07-25 19:41+0.05%+0.16%−0.35%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7007setup_point_in_time
BULBULLAUSDT2026-07-25 19:31−1.44%+0.51%−2.40%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7043setup_point_in_time
BROBROCCOLIF3BUSDT2026-07-25 19:16+0.09%+0.70%−0.50%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7018setup_point_in_time
AEVAEVOUSDT2026-07-25 19:01·+0.48%+0.05%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
AGTAGTUSDT2026-07-25 18:46+0.19%+1.31%−0.15%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
GUNGUNUSDT2026-07-25 18:26+0.22%+0.81%−0.03%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7024setup_point_in_time
BROBROCCOLIF3BUSDT2026-07-25 18:16−0.47%+0.05%−5.58%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7012setup_point_in_time
IOTIOTXUSDT2026-07-25 18:06+0.42%+0.50%−0.71%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7006setup_point_in_time
TOWTOWNSUSDT2026-07-25 18:01−0.41%+0.41%−1.06%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7072setup_point_in_time
AEVAEVOUSDT2026-07-25 17:51+0.05%+0.26%−0.26%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
INTINTWUSDT2026-07-25 17:41+0.43%+0.52%+0.00%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7012setup_point_in_time
KERKERNELUSDT2026-07-25 17:36+0.11%+0.37%−0.14%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7005setup_point_in_time
ORDORDERUSDT2026-07-25 17:31+0.32%+0.55%−0.29%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
UBEUBERUSDT2026-07-25 16:26···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7016setup_point_in_time
KERKERNELUSDT2026-07-25 16:11−0.29%+0.72%−0.46%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7008setup_point_in_time
QNTQNTXUSDT2026-07-25 16:11−0.22%+0.17%−0.41%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.705setup_point_in_time
XPDXPDUSDT2026-07-25 16:11·−0.00%−0.19%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.704setup_point_in_time
ACTACTUSDT2026-07-25 16:06−0.35%+0.61%−1.03%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7011setup_point_in_time
BOTBOTUSDT2026-07-25 16:06···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
BROBROCCOLIF3BUSDT2026-07-25 16:06+0.09%+0.63%−0.19%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
ICXICXUSDT2026-07-25 16:06−0.35%+0.00%−0.61%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
ORDORDERUSDT2026-07-25 16:06−0.84%+0.14%−1.10%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7017setup_point_in_time
FLOFLOWUSDT2026-07-25 16:01+0.20%+0.36%−0.04%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7007setup_point_in_time
DOGDOGEUSDT2026-07-25 15:46+0.72%+1.25%−0.31%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7037setup_point_in_time
CHICHILLGUYUSDT2026-07-25 15:36−1.24%+2.91%−1.88%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7008setup_point_in_time
SQDSQDUSDT2026-07-25 15:26−0.84%+0.06%−1.15%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7029setup_point_in_time
BULBULLAUSDT2026-07-25 15:06+1.19%+4.17%−0.15%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7004setup_point_in_time
NOMNOMUSDT2026-07-25 15:06+0.66%+0.86%+0.00%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7006setup_point_in_time
ACTACTUSDT2026-07-25 14:56+0.02%+1.24%−0.53%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.703setup_point_in_time
UBEUBERUSDT2026-07-25 14:51···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7012setup_point_in_time
XNYXNYUSDT2026-07-25 14:51−0.33%−0.04%−2.15%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.723setup_point_in_time
BROBROCCOLIF3BUSDT2026-07-25 14:46···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
BOTBOTUSDT2026-07-25 14:41···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7059setup_point_in_time
Evidence and methodologySetup definition, sample counts, data quality and reproducibility

Use this section to check the setup rules, what was counted and the limits of the source data. The exact query and audit counts are available below.

Published 2026-07-31 by @admin · q#5e498394

The setup: the crowd is heavily long.

Readings in this definition: global long ratio. Each page states the exact rule, its limits and what it does not prove.

How the comparison works

Each match is measured from the moment the full setup completes. Rates use only matches with a complete outcome at that time period.

8,637
matches
677
markets
47,426,721
eligible market-minutes scanned
2026-07-25
last match
1,109
without a 30m outcome

No same-scope reference rate is pinned to this report yet.

Technical audit: exact query, source counts and versions

Exact search

SCOPEtimes.anchor_time between 2026-05-15T00:00:00.000Z to 2026-07-26T00:00:00.000Z

These values are what ran, confirmed by the author before the run. Prose on this page is commentary. A chip links to the page that defines its reading.

Pinned result

v2 · nrm.v1 · ft.v1 · rev 476ab0c0…feae95e4 · q#5e498394

This ID reruns to the same answer on any day and any account. It never changes; the record grows nightly and a rerun publishes as a new labeled result.

Outcome diagnostics

Headline split (mfe_1h)
159 of 7,993 (2.0%) traded 5% or more above the match at some point within 1h (mfe_1h, a high-water mark and not a close). 7,834 of 7,993 did not. Measured forward from each match. 644 absent, excluded from the denominator.
Peak day and span
Busiest day 2026-06-05: 339 of 8,637 matches (3.9%). 73 UTC days scanned: 70 with matches, 3 with none.
Present and absent by metric
fwd_ret_30m: present 7,528 · absent 1,109
mfe_1h: present 7,993 · absent 644
mae_1h: present 7,993 · absent 644
Absent: no completed outcome (record edge or missing minutes), excluded from every rate.
Threshold counts (fwd_ret_30m), both signs
≥ +1630 OF 7528
≥ +2203 OF 7528
≥ +532 OF 7528
≥ +106 OF 7528
≥ +151 OF 7528
≥ +201 OF 7528
≤ -1623 OF 7528
≤ -2211 OF 7528
≤ -532 OF 7528
≤ -106 OF 7528
≤ -152 OF 7528
≤ -200 OF 7528
Every row is an exact partial sum of the distribution buckets in the chart, so the table and the chart cannot disagree.

Methodology and versions

DEFINITION
1 clause · 1 scope
How this is counted
feature.global_long_ratio ≥ 0.7. the chips at the top of the page are this definition, verbatim.
EXECUTION
edge-triggered · 1m UTC grid
How this is counted
the predicate becomes true having been false; sequences chain greedy-earliest and anchor at completion; episode dedupe PT1H. deterministic at every worker count.
DENOMINATORS
47,426,721 of 70,192,037
How this is counted
eligible market-minutes scanned (one market for one minute) across 677 markets; 22,765,316 excluded where a measurement was not yet available - missing data shrinks the denominator, it never counts as zero; 15786 market-days excluded by the source ledger. counts are matches within the scanned window, never a base rate.
OUTCOMES
forward from anchor · in-scan
How this is counted
closed threshold list ±1/2/5/10/15/20 pct, 14 fixed buckets across 12 forward metrics, computed over all occurrences pre-paging. an outcome absent at the record edge (horizon incomplete) is counted, never truncated or implied zero. nothing on this page is filterable by outcome. nothing here is a guarantee or trading advice.
OBSERVATION SCOPE
setup as-of anchor
How this is counted
setup values are as-of the anchor bucket close (point-in-time freeze); window aggregates cover their stated pre-anchor duration; every value the predicate consulted is at or before the anchor.
PIN
pinned 2026-07-31 · 8637
How this is counted
the pinned result (counts, page-1 rows, outcomes, outcomes summary) never mutates. later dataset revisions are new runs, never merged.
SORT
times.anchor_time asc
How this is counted
the only record sort in v2.0; page limit 50. the pinned rows are page 1 of 8,637 - charts and rates derive from the summary over all occurrences, never from the page.
VERSIONS
q#5e498394 · rev 476ab0c0fcca
How this is counted
schema research_query.v2 · normalization archive_normalization.v1 · features feature_defs.v1 · encoding record_result.v5. same key implies a byte-identical rerun.
DATASET REV · FULL
476ab0c0fcca05990c819d35b5b06f1f8692036a90d2b883a170d66dfeae95e4

These are counts of what happened in the scanned window, not a promise it happens again. Nothing here is trading advice.