Research is a work in progress. Estimated release: 1 December 2026. Our goal is to make it a search engine for trading setups in recorded crypto markets.

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

61,640 historical matches·844 markets scanned·2025-07-15 to 2026-09-04

At a glance

A down lean.

Price change 30 minutes after the setup completed.

Fell 2% or more3.0%1,793 of 59,105 matches1.9% of reference minutes · 1.6x as often5,826,103 of 309,306,062 minutes
Rose 2% or more2.7%1,576 of 59,105 matches2.1% of reference minutes · 1.3x as often6,523,279 of 309,306,062 minutes

Reference: every eligible minute in the same markets and dates, with no setup filter. 2,535 matches without a complete outcome are left out.

Data limitation: Last match 2026-08-20; 14 days before the scanned window ends. Some low-point readings contain missing-price defects. See data quality details ↓

Share text

Scope: all scanned markets combined, no market or sector filter. Not a result for any one market, sector or asset class. Matches by market ↓ · Research coverage →

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. Reference rates use all eligible minutes in the same markets and date range.

30 minutes2,535 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher2.7%1,576 of 59,1052.1%6,523,279 of 309,306,0621.3x
Closed 2% or more lower3.0%1,793 of 59,1051.9%5,826,103 of 309,306,0621.6x
Closed 5% or more higher0.5%282 of 59,1050.3%893,008 of 309,306,0621.7x
Closed 5% or more lower0.5%294 of 59,1050.2%717,031 of 309,306,0622.1x
High point 5% or more above1.1%638 of 60,2770.7%2,144,607 of 314,124,4311.6x
Low point 5% or more below1.2%735 of 60,2770.6%1,992,016 of 314,124,4311.9x
1 hour2,535 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher4.7%2,807 of 59,1054.1%12,625,601 of 309,270,0411.2x
Closed 2% or more lower5.2%3,102 of 59,1053.9%12,006,140 of 309,270,0411.4x
Closed 5% or more higher0.9%509 of 59,1050.6%1,962,537 of 309,270,0411.4x
Closed 5% or more lower0.9%508 of 59,1050.5%1,554,800 of 309,270,0411.7x
High point 5% or more above2.0%1,208 of 60,2751.5%4,728,628 of 314,109,9851.3x
Low point 5% or more below2.1%1,273 of 60,2751.3%4,078,811 of 314,109,9851.6x
4 hours2,792 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher12.8%7,527 of 58,84812.1%37,217,067 of 308,817,3001.1x
Closed 2% or more lower15.2%8,925 of 58,84813.0%40,042,741 of 308,817,3001.2x
Closed 5% or more higher2.9%1,718 of 58,8482.7%8,215,424 of 308,817,3001.1x
Closed 5% or more lower3.2%1,858 of 58,8482.5%7,606,298 of 308,817,3001.3x
High point 5% or more above7.1%4,271 of 60,2646.4%20,179,064 of 313,989,3321.1x
Low point 5% or more below7.3%4,403 of 60,2645.7%17,974,657 of 313,989,3321.3x
24 hours3,182 incomplete outcomes excluded
OutcomeAfter this setupReference minutesHow often vs reference
Closed 2% or more higher28.1%16,423 of 58,45827.0%83,027,835 of 307,038,7131.0x
Closed 2% or more lower33.5%19,573 of 58,45832.6%100,217,389 of 307,038,7131.0x
Closed 5% or more higher12.4%7,255 of 58,45811.7%36,049,343 of 307,038,7131.1x
Closed 5% or more lower14.9%8,738 of 58,45813.7%42,173,897 of 307,038,7131.1x
High point 5% or more above28.9%17,395 of 60,11128.3%88,759,065 of 313,152,0581.0x
Low point 5% or more below31.7%19,050 of 60,11129.3%91,675,224 of 313,152,0581.1x

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 61,640
4190210MATCHES PER UTC DAY · MAX 419 ON 2025-07-15JUL 15AUG 01SEP 01OCT 01NOV 01DEC 01JAN 01FEB 01MAR 01APR 01MAY 01JUN 01JUL 01AUG 01SEP 012025-07-15 TO 2026-09-04 · 417 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 more3.0%
1,793 of 59,105 matches
Between −2% and +2%94.3%
55,736 of 59,105 matches
Rose 2% or more2.7%
1,576 of 59,105 matches

2,535 incomplete outcomes excluded. This measures the price at 30 minutes, not the highest or lowest price reached on the way.

Detailed distribution: 28 return ranges

30-minute return distribution · 59,105 present · 2,535 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%: 282 of 59,105978123921914994061708488663947383553173894870665793447129420547121251≤−100−50−30−20−15−10−5−2−1−0.5−0.2−0.1<00++0.1+0.2+0.5+1+2+5+10+15+20+30+50≥+400
Author's noteOpinion, not machine output

"Full-record refresh of q#5e498394, which scanned 2026-05-15 to 2026-07-26. That pinned report is unchanged."

Results since publicationHave new matches appeared, and what happened after them?
OutcomeOriginal study, 2025-07-15 to 2026-09-04Since publication, from 2026-09-05
Traded 5% or more above the match within 1h1,208 of 60,275 (2.0%) · 1,365 absent, not countedloading
Closed 2% or more higher at 24h16,423 of 58,458 (28.1%) · 3,182 absent, not countedloading
Closed 2% or more lower at 24h19,573 of 58,458 (33.5%) · 3,182 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: ORDIUSDC 604 · ALLUSDT 465 · ETHFIUSDC 432844 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 844 itemized markets
Examples and replaysFirst 50 of 61,640 matches

Examples, never the denominator; the counts above cover every match. Replay opens 30 minutes before the moment and depends on coverage and access.

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

Replay
KATKATUSDT2026-08-20 23:51···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
WAXWAXPUSDT2026-08-20 23:36···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7011setup_point_in_time
XNYXNYUSDT2026-08-20 23:11+0.33%··replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7009setup_point_in_time
LGELGELECTRONICSUSDT2026-08-20 23:06−0.71%··replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7157setup_point_in_time
SAMSAMSUNGEMUSDT2026-08-20 23:06−0.78%··replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7099setup_point_in_time
CARCARVUSDT2026-08-20 23:01···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
BANBANDUSDT2026-08-20 22:31+0.18%+2.10%−0.30%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
KATKATUSDT2026-08-20 22:21+0.00%+0.58%−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
YBYBUSDT2026-08-20 22:16+3.88%+6.90%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7011setup_point_in_time
XNYXNYUSDT2026-08-20 22:01+0.34%+0.86%−0.21%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7021setup_point_in_time
BREBRETTUSDT2026-08-20 21:41−0.15%+0.24%−1.14%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7008setup_point_in_time
BANBANDUSDT2026-08-20 21:26+0.30%+0.60%−0.12%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
XNYXNYUSDT2026-08-20 20:51+0.30%+0.64%−0.53%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7007setup_point_in_time
SIGSIGNUSDT2026-08-20 20:46+0.24%+0.46%−0.21%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7005setup_point_in_time
MOCMOCAUSDT2026-08-20 20:36−0.15%+0.46%−0.25%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7005setup_point_in_time
COPCOPPERUSDT2026-08-20 20:31+0.03%+0.08%−0.02%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7023setup_point_in_time
BANBANDUSDT2026-08-20 20:26+0.48%+0.90%+0.00%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
ZHIZHIPUUSDT2026-08-20 20:26−0.35%+0.13%−0.40%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
CCUSDT2026-08-20 19:41−0.47%+1.02%−1.01%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7003setup_point_in_time
FARFARTCOINUSDT2026-08-20 19:26−1.88%+0.59%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7006setup_point_in_time
PAYPAYPUSDT2026-08-20 19:21···replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7168setup_point_in_time
BEABEATUSDT2026-08-20 19:06−1.98%+1.20%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7setup_point_in_time
CARCARVUSDT2026-08-20 19:01+0.72%+1.29%+0.03%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
MAGMAGICUSDT2026-08-20 18:36+0.33%+0.71%−0.35%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7008setup_point_in_time
DEEDEEPUSDT2026-08-20 18:21−0.07%+0.87%−0.73%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.703setup_point_in_time
CCUSDT2026-08-20 18:16+0.30%+0.97%−0.39%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7013setup_point_in_time
KATKATUSDT2026-08-20 18:06−0.39%+0.09%−0.63%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7013setup_point_in_time
SIGSIGNUSDT2026-08-20 18:06−0.37%+0.37%−0.49%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7009setup_point_in_time
BILBILLUSDT2026-08-20 17:41−1.31%+0.05%−1.41%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7005setup_point_in_time
BEABEATUSDT2026-08-20 17:26+12.38%+17.82%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.717setup_point_in_time
ZHIZHIPUUSDT2026-08-20 17:26+0.05%+0.13%−0.27%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7018setup_point_in_time
QNTQNTXUSDT2026-08-20 17:21+0.40%+0.75%−0.26%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7005setup_point_in_time
XANXANUSDT2026-08-20 17:16−0.56%+0.43%−1.18%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7002setup_point_in_time
BTRBTRUSDT2026-08-20 17:11−0.36%+0.79%−1.45%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7031setup_point_in_time
BANBANDUSDT2026-08-20 17:01−0.06%+0.06%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7004setup_point_in_time
MAGMAGICUSDT2026-08-20 16:56+0.09%+0.23%−0.30%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7015setup_point_in_time
AVAAVAXUSDT2026-08-20 16:51+0.72%+1.43%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7003setup_point_in_time
CARCARVUSDT2026-08-20 16:51−0.06%+0.59%−0.44%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7007setup_point_in_time
ETHETHUSDT2026-08-20 16:51−0.39%+0.11%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7022setup_point_in_time
CCUSDT2026-08-20 16:41+0.93%+1.49%+0.00%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7007setup_point_in_time
MOCMOCAUSDT2026-08-20 16:41−0.04%+0.74%−0.23%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7001setup_point_in_time
RDDRDDTUSDT2026-08-20 16:21+0.03%+0.37%−0.38%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7069setup_point_in_time
SIGSIGNUSDT2026-08-20 16:16+0.60%+0.72%−0.62%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7022setup_point_in_time
WDCWDCUSDT2026-08-20 16:16−0.47%+0.36%−0.78%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7021setup_point_in_time
XANXANUSDT2026-08-20 16:16+1.25%+2.31%−0.47%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7014setup_point_in_time
BEABEATUSDT2026-08-20 16:11+0.00%+1.70%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.707setup_point_in_time
BANBANDUSDT2026-08-20 15:56−0.12%+0.66%−0.36%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7009setup_point_in_time
QNTQNTXUSDT2026-08-20 15:56−0.31%+0.40%−1.06%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.701setup_point_in_time
FARFARTCOINUSDT2026-08-20 15:51−0.49%+3.08%no low recordedreplay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7003setup_point_in_time
ZHOZHONGJIUSDT2026-08-20 15:51−0.08%+0.56%−0.41%replay →
Why this matched: the recorded values at that minute
FieldOpQueryObservedScope
feature.global_long_ratiobetween{"gte":0.7}0.7031setup_point_in_time
Evidence and methodologySetup definition, sample counts, data quality and reproducibility

Check the definition, counts, source limits and reproducibility below.

Published 2026-09-05 by @admin · q#d17e982c

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

Outcomes start when the full setup completes. Rates exclude incomplete outcomes at each horizon.

61,640
matches
844
markets
321,932,326
eligible market-minutes scanned
2026-08-20
last match, 14 silent days after it
2,535
without a 30m outcome

Reference rates are what the record did anyway: all eligible minutes across the same 844 markets and the same window, with no condition and no matching, read by the same rule at every horizon.

Record defects in this result

Exact -100% low-water readings: 21 at 30m, 25 at 1h, 48 at 4h, 73 at 24h. Each is a zero low in the record inside that horizon, which the engine read as a price; they sit in the low-point counts above and are a record defect, not a fall. The example rows print them as no low recorded.

Technical audit: exact query, source counts and versions

Exact search

SCOPEtimes.anchor_time between 2025-07-15T00:00:00.000Z to 2026-09-04T00:00:00.000Z

These confirmed values define the run. Chips link to reading definitions; author commentary is separate.

Pinned result

v2 · nrm.v1 · ft.v1 · rev 6e2bee53…a3be76fb · q#d17e982c

This key identifies the saved answer. A run against newer data has a new revision and result.

Outcome diagnostics

Headline split (mfe_1h)
1,208 of 60,275 (2.0%) traded 5% or more above the match at some point within 1h (mfe_1h, a high-water mark and not a close). 59,067 of 60,275 did not. Measured forward from each match. 1,365 absent, excluded from the denominator.
Peak day and span
Busiest day 2025-07-15: 419 of 61,640 matches (0.7%). 417 UTC days scanned: 400 with matches, 17 with none.
Present and absent by metric
fwd_ret_30m: present 59,105 · absent 2,535
mfe_1h: present 60,275 · absent 1,365
mae_1h: present 60,275 · absent 1,365
Absent: no completed outcome (record edge or missing minutes), excluded from every rate.
Threshold counts (fwd_ret_30m), both signs
≥ +0.124202 OF 59105
≥ +0.220308 OF 59105
≥ +0.511602 OF 59105
≥ +15023 OF 59105
≥ +21576 OF 59105
≥ +5282 OF 59105
≥ +1077 OF 59105
≥ +1530 OF 59105
≥ +2018 OF 59105
≥ +306 OF 59105
≥ +501 OF 59105
≥ +1000 OF 59105
≥ +2000 OF 59105
≥ +4000 OF 59105
≤ -0.125751 OF 59105
≤ -0.221804 OF 59105
≤ -0.512938 OF 59105
≤ -15854 OF 59105
≤ -21793 OF 59105
≤ -5294 OF 59105
≤ -1075 OF 59105
≤ -1536 OF 59105
≤ -2024 OF 59105
≤ -3016 OF 59105
≤ -509 OF 59105
≤ -1000 OF 59105
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
321,932,326 of 505,590,604
How this is counted
eligible market-minutes scanned (one market for one minute) across 844 markets; 183,658,278 excluded where a measurement was not yet available - missing data shrinks the denominator, it never counts as zero; 53197 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 ±0.1/0.2/0.5/1/2/5/10/15/20/30/50/100/200/400 pct, 28 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 2026-09-05 · 61640
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 61,640 - charts and rates derive from the summary over all occurrences, never from the page.
VERSIONS
q#d17e982c · rev 6e2bee531043
How this is counted
schema research_query.v2 · normalization archive_normalization.v1 · features feature_defs.v1 · encoding record_result.v6. same key implies a byte-identical rerun.
DATASET REV · FULL
6e2bee531043791f0990ab61c8c7c22d18aaea20c1543c1798cd9019a3be76fb

Historical counts for choosing what to investigate next: not a forecast, trading advice or evidence of a profitable trade.