Condition · recorded history

Crowd long, leaders not

Global accounts sit at least 65% long while top traders run at least 10 points less long than the crowd.

What is a base rate?

Recorded window: 5 Oct 2026 to 3 Nov 2026 (UTC). Counted 4 Nov 2026 at 08:44 UTC.

Read it in context

  1. On one market

    Each market page compares that market with its own minutes, not with every market at once.

  2. 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

All 10 markets
Every market pooled, without context

What happened in the next 24 hours?

Reaching +5% was more common than without it; falling to −10% was about as common as 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 +5% or higher

When this held
33.1% · 716 of 2,165 minutes
Other minutes
23.2% · 3,995,747 of 17,234,200 minutes

Price touched −10% or lower

When this held
10.5% · 227 of 2,165 minutes
Other minutes
8.5% · 1,469,084 of 17,234,200 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 2,165 of 2,220 matches, pooled across 523 markets, with a full 24 hours after them. The 55 newer ones are left out, not counted as zero.

When it happened
Matches per UTC day, 2026-10-05 to 2026-11-04

About 72 a day, on 30 of 31 days: spread through the record rather than one event.

Other windows and move sizes
Matches that reached each move within each window. Counts first; the measured row is what each rate is over.
Move1 hour4 hours24 hours72 hours7 days
Measured2,2022,2022,1652,0511,724
Too recent181855169496
+0.1% or more1,943 (88.2%)2,077 (94.3%)2,109 (97.4%)2,019 (98.4%)1,705 (98.9%)
+0.2% or more1,736 (78.8%)1,956 (88.8%)2,054 (94.9%)1,985 (96.8%)1,686 (97.8%)
+0.5% or more1,243 (56.4%)1,647 (74.8%)1,922 (88.8%)1,911 (93.2%)1,644 (95.4%)
+1% or more710 (32.2%)1,205 (54.7%)1,697 (78.4%)1,798 (87.7%)1,575 (91.4%)
+2% or more304 (13.8%)695 (31.6%)1,343 (62.0%)1,585 (77.3%)1,424 (82.6%)
+5% or more77 (3.5%)234 (10.6%)716 (33.1%)1,065 (51.9%)1,030 (59.7%)
+10% or more30 (1.4%)83 (3.8%)338 (15.6%)586 (28.6%)660 (38.3%)
+15% or more14 (0.6%)49 (2.2%)186 (8.6%)393 (19.2%)495 (28.7%)
+20% or more9 (0.4%)36 (1.6%)128 (5.9%)306 (14.9%)388 (22.5%)
+30% or more5 (0.2%)22 (1.0%)79 (3.6%)196 (9.6%)258 (15.0%)
+50% or more2 (0.1%)13 (0.6%)34 (1.6%)100 (4.9%)166 (9.6%)
+100% or more0 (0.0%)4 (0.2%)14 (0.6%)33 (1.6%)73 (4.2%)
+200% or more0 (0.0%)0 (0.0%)2 (0.1%)16 (0.8%)29 (1.7%)
+400% or more0 (0.0%)0 (0.0%)0 (0.0%)3 (0.1%)3 (0.2%)
−0.1% or lower1,986 (90.2%)2,087 (94.8%)2,131 (98.4%)2,031 (99.0%)1,716 (99.5%)
−0.2% or lower1,780 (80.8%)2,003 (91.0%)2,105 (97.2%)2,019 (98.4%)1,712 (99.3%)
−0.5% or lower1,265 (57.4%)1,718 (78.0%)2,013 (93.0%)1,982 (96.6%)1,700 (98.6%)
−1% or lower703 (31.9%)1,294 (58.8%)1,835 (84.8%)1,909 (93.1%)1,674 (97.1%)
−2% or lower291 (13.2%)717 (32.6%)1,485 (68.6%)1,771 (86.3%)1,627 (94.4%)
−5% or lower78 (3.5%)202 (9.2%)704 (32.5%)1,365 (66.6%)1,455 (84.4%)
−10% or lower22 (1.0%)58 (2.6%)227 (10.5%)686 (33.4%)1,023 (59.3%)
−15% or lower7 (0.3%)21 (1.0%)100 (4.6%)237 (11.6%)523 (30.3%)
−20% or lower1 (<0.1%)9 (0.4%)55 (2.5%)114 (5.6%)219 (12.7%)
−30% or lower0 (0.0%)4 (0.2%)21 (1.0%)41 (2.0%)74 (4.3%)
−50% or lower0 (0.0%)1 (<0.1%)3 (0.1%)7 (0.3%)11 (0.6%)

Each window counts only matches old enough for it, so a longer window can show fewer.

Distributions and daily counts
Upside reached · 24hUpside reached (MFE, 24h)The most price moved up within 24 hours of each match: a high-water mark, never a close. 2,165 with a complete 24 hours.
Drawdown · 24hDrawdown (MAE, 24h)The worst price moved against within 24 hours of each match: the deepest point, never the close. 2,165 with a complete 24 hours.
Price 30 minutes laterForward 30-minute returnForward 30-minute returns across 2,181 matches: close to an even split, which is what a coin flip looks like. 39 too recent.

How to read a distribution

Matches per UTC day

  • 5 Oct77 matches
  • 6 Oct75 matches
  • 7 Oct84 matches
  • 8 Oct73 matches
  • 9 Oct58 matches
  • 10 Oct87 matches
  • 11 Oct59 matches
  • 12 Oct61 matches
  • 13 Oct77 matches
  • 14 Oct48 matches
  • 15 Oct67 matches
  • 16 Oct60 matches
  • 17 Oct65 matches
  • 18 Oct63 matches
  • 19 Oct72 matches
  • 20 Oct80 matches
  • 21 Oct59 matches
  • 22 Oct95 matches
  • 23 Oct76 matches
  • 24 Oct107 matches
  • 25 Oct89 matches
  • 26 Oct85 matches
  • 27 Oct85 matches
  • 28 Oct100 matches
  • 29 Oct86 matches
  • 30 Oct78 matches
  • 31 Oct80 matches
  • 1 Nov55 matches
  • 2 Nov56 matches
  • 3 Nov63 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 22,593,907 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.

What are MFE and MAE?

Reproducibility key (q#d876df14)

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
e60fb0137d5a345b286c78395c6482b411a3e8aaab358d21574122ee04e70eed
query hash
d876df147879c574c1cab8446f267b059582f05dbd8d439b027fdb0a761cf4a6
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.top_global_long_skew",
        "lte",
        -0.1
      ],
      [
        "feature.global_long_ratio",
        "gte",
        0.65
      ],
      [
        "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.top_global_long_skew","lte",-0.1],["feature.global_long_ratio","gte",0.65],["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}}'

Past examples from the record, not a guarantee or a prediction. Nothing here is trading advice.