Cycle Top Risk Index: CTRI

An early warning system for crypto market conditions. CTRI v3.1 | December 2025 What It Is Four signals. One regime reading. Updated weekly. CTRI monitors the conditions that historically precede cycle tops and

Liquidity Reload: Part 2

The macro environment is forming a setup that typically precedes significant moves in risk assets. Five independent factors are converging while market attention fixates on the Bank of Japan.

$9T US Debt Forces Bitcoin Liquidity

October killed $19 billion. December sees $153 million. The leverage is gone. Saylor just wired $2 billion. Someone knows something.

Ground Truth: U.S. Crypto Policy

The U.S. crypto policy regime changed more in twelve months than in the previous twelve years. Every bill, reserve, and policy shift explained. What's law, what's pending, and why it defines the next 12 months.
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