Price touched +5% or higher
- When this held
- 44.4% · 405 of 912 minutes
- Other minutes
- 23.4% · 2,579,968 of 11,015,494 minutes
Liquidations arriving in cascades
The cascade clustering index is above 0.6: liquidations are arriving in bursts rather than independently.
Recorded window: 5 Oct 2026 to 3 Nov 2026 (UTC). Counted 4 Nov 2026 at 08:13 UTC.
Read it in context
On one market
Each market page compares that market with its own minutes, not with every market at once.
Test it, then plan it
Narrow it to your markets and dates in the Workbench. A tested result leads to Plan a trade, which measures what trading it would have paid after costs.
By market
Results vary by market. Compare a market before drawing a conclusion.
How results varied by market
Range across 3 markets with at least 30 measured: reached +5% within 24 hours in 0 of 43 on BTCUSDT (0%) to 28 of 32 on QUSDT (88%).
Every market pooled, without context
What happened in the next 24 hours?
Both moves were more common than on minutes without it.
Other minutes are the same markets and dates without this condition. Each percentage is the share of measured minutes that reached that move from the starting price.
Price touched −10% or lower
- When this held
- 27.9% · 254 of 912 minutes
- Other minutes
- 8.9% · 980,578 of 11,015,494 minutes
Price can touch both levels within the same 24 hours.
Every matching minute counts, so one long run adds many near-identical minutes. Busy markets weigh most.
Every condition is measured over the same 24 hours, whatever the length of its own reading. Other windows and move sizes shows shorter and longer windows.
This counts how often price touched a level, not what trading it would have paid.
Sample and counting
Rates use the 912 of 954 matches, pooled across 523 markets, with a full 24 hours after them. The 42 newer ones are left out, not counted as zero.
When it happened
About 31 a day, on 30 of 31 days: spread through the record rather than one event.
Other windows and move sizes
| Move | 1 hour | 4 hours | 24 hours | 72 hours | 7 days |
|---|---|---|---|---|---|
| Measured | 920 | 920 | 912 | 864 | 715 |
| Too recent | 34 | 34 | 42 | 90 | 239 |
| +0.1% or more | 847 (92.1%) | 869 (94.5%) | 880 (96.5%) | 839 (97.1%) | 701 (98.0%) |
| +0.2% or more | 797 (86.6%) | 839 (91.2%) | 867 (95.1%) | 832 (96.3%) | 696 (97.3%) |
| +0.5% or more | 667 (72.5%) | 754 (82.0%) | 816 (89.5%) | 793 (91.8%) | 673 (94.1%) |
| +1% or more | 518 (56.3%) | 645 (70.1%) | 762 (83.6%) | 752 (87.0%) | 645 (90.2%) |
| +2% or more | 328 (35.7%) | 474 (51.5%) | 652 (71.5%) | 681 (78.8%) | 596 (83.4%) |
| +5% or more | 129 (14.0%) | 237 (25.8%) | 405 (44.4%) | 479 (55.4%) | 437 (61.1%) |
| +10% or more | 64 (7.0%) | 122 (13.3%) | 237 (26.0%) | 313 (36.2%) | 304 (42.5%) |
| +15% or more | 34 (3.7%) | 73 (7.9%) | 161 (17.7%) | 225 (26.0%) | 234 (32.7%) |
| +20% or more | 18 (2.0%) | 40 (4.3%) | 114 (12.5%) | 171 (19.8%) | 185 (25.9%) |
| +30% or more | 6 (0.7%) | 21 (2.3%) | 75 (8.2%) | 121 (14.0%) | 135 (18.9%) |
| +50% or more | 3 (0.3%) | 9 (1.0%) | 39 (4.3%) | 80 (9.3%) | 97 (13.6%) |
| +100% or more | 1 (0.1%) | 4 (0.4%) | 14 (1.5%) | 30 (3.5%) | 41 (5.7%) |
| +200% or more | 0 (0.0%) | 2 (0.2%) | 5 (0.5%) | 15 (1.7%) | 18 (2.5%) |
| +400% or more | 0 (0.0%) | 1 (0.1%) | 3 (0.3%) | 5 (0.6%) | 6 (0.8%) |
| −0.1% or lower | 859 (93.4%) | 882 (95.9%) | 894 (98.0%) | 853 (98.7%) | 711 (99.4%) |
| −0.2% or lower | 808 (87.8%) | 859 (93.4%) | 884 (96.9%) | 845 (97.8%) | 708 (99.0%) |
| −0.5% or lower | 681 (74.0%) | 783 (85.1%) | 853 (93.5%) | 832 (96.3%) | 707 (98.9%) |
| −1% or lower | 534 (58.0%) | 680 (73.9%) | 807 (88.5%) | 811 (93.9%) | 704 (98.5%) |
| −2% or lower | 343 (37.3%) | 491 (53.4%) | 696 (76.3%) | 753 (87.2%) | 687 (96.1%) |
| −5% or lower | 130 (14.1%) | 251 (27.3%) | 439 (48.1%) | 583 (67.5%) | 601 (84.1%) |
| −10% or lower | 51 (5.5%) | 119 (12.9%) | 254 (27.9%) | 370 (42.8%) | 443 (62.0%) |
| −15% or lower | 31 (3.4%) | 66 (7.2%) | 158 (17.3%) | 252 (29.2%) | 305 (42.7%) |
| −20% or lower | 18 (2.0%) | 43 (4.7%) | 106 (11.6%) | 177 (20.5%) | 220 (30.8%) |
| −30% or lower | 8 (0.9%) | 17 (1.8%) | 48 (5.3%) | 101 (11.7%) | 118 (16.5%) |
| −50% or lower | 1 (0.1%) | 6 (0.7%) | 14 (1.5%) | 31 (3.6%) | 52 (7.3%) |
Each window counts only matches old enough for it, so a longer window can show fewer.
Distributions and daily counts
Upside reached · 24hThe most price moved up within 24 hours of each match: a high-water mark, never a close. 912 with a complete 24 hours.
Drawdown · 24hThe worst price moved against within 24 hours of each match: the deepest point, never the close. 912 with a complete 24 hours.
Price 30 minutes laterForward 30-minute returns across 918 matches: close to an even split, which is what a coin flip looks like. 36 too recent.
Matches per UTC day
- 5 Oct32 matches
- 6 Oct24 matches
- 7 Oct46 matches
- 8 Oct75 matches
- 9 Oct26 matches
- 10 Oct23 matches
- 11 Oct15 matches
- 12 Oct38 matches
- 13 Oct62 matches
- 14 Oct25 matches
- 15 Oct54 matches
- 16 Oct24 matches
- 17 Oct23 matches
- 18 Oct27 matches
- 19 Oct16 matches
- 20 Oct18 matches
- 21 Oct21 matches
- 22 Oct20 matches
- 23 Oct58 matches
- 24 Oct35 matches
- 25 Oct19 matches
- 26 Oct24 matches
- 27 Oct28 matches
- 28 Oct15 matches
- 29 Oct60 matches
- 30 Oct62 matches
- 31 Oct23 matches
- 1 Nov18 matches
- 2 Nov29 matches
- 3 Nov14 matches
- 4 Nov0 matches
How this is counted
- Each rate counts only matches with the full window after them.
- A minute where a reading was missing is left out and reported, not read as zero.
- The condition picks the setup, never the outcome: a definition that filters on what followed is rejected (OUTCOME_IN_PREDICATE). Every match is measured, winners and losers alike.
- "Other minutes" is every other eligible minute in the same markets and window. It is a reference, not a control group.
- "Reached +5%" uses the highest price inside the window (maximum favourable excursion, MFE); "fell to −10%" uses the lowest (maximum adverse excursion, MAE). Neither is the close.
- Checked 22,531,148 eligible market-minutes (eligible_symbol_buckets) on 523 markets, 2026-10-05 00:00 to 2026-11-04 00:00 UTC.
- These counts pool every market, so markets that match often weigh more. Each market page compares that market with its own reference.
- Live status is not connected yet, so this page is recorded history only.
Reproducibility key (q#7678e940)
The key that re-runs this exact count. Same key, same bytes; when the record grows, the dataset revision changes.
- grammar
- research_query.v2
- normalization
- archive_normalization.v1
- feature library
- feature_defs.v1
- dataset revision
- 4c8759ecac07743825c50afc1bb652dde9ccd3548dc4129f7df55196697e7242
- query hash
- 7678e94059929b9596d9a7b0dc7b3ab91430e7f679f514d30b0ca5203f6622ca
- scanned window
- 2026-10-05T00:00:00.000Z to 2026-11-04T00:00:00.000Z (UTC)
Re-run over the API
The exact search definition behind this count. Send it to the key-authed research API (or the MCP research tool) and compare the bytes; a cached rerun is free.
{
"schema_version": "research_query.v2",
"normalization_version": "archive_normalization.v1",
"feature_version": "feature_defs.v1",
"target": "record_occurrences",
"where": {
"all": [
[
"feature.cascade_clustering_index",
"gte",
0.6
],
[
"times.anchor_time",
"between",
[
"2026-10-05T00:00:00.000Z",
"2026-11-04T00:00:00.000Z"
]
]
]
},
"sort": [
"times.anchor_time",
"desc"
],
"page": {
"limit": 50,
"cursor": null
}
}curl -s https://app.edgedepth.com/api/v1/research/query \
-H 'authorization: Bearer $EDGEDEPTH_API_KEY' \
-H 'content-type: application/json' \
-d '{"schema_version":"research_query.v2","normalization_version":"archive_normalization.v1","feature_version":"feature_defs.v1","target":"record_occurrences","where":{"all":[["feature.cascade_clustering_index","gte",0.6],["times.anchor_time","between",["2026-10-05T00:00:00.000Z","2026-11-04T00:00:00.000Z"]]]},"sort":["times.anchor_time","desc"],"page":{"limit":50,"cursor":null}}'