How liquidation cascades amplify moves: the anatomy of a 10% minute
Forced closure, maintenance margin and the chain reaction between them. Why liquidation orders ignore price, why they cluster in the thinnest hours, and how to read the leverage level from public data.
Is the Fear and Greed Index useful? What it's made of, and whether it's cause or result
Break the index into its components and most of the inputs turn out to be functions of price — which makes it closer to another expression of price than an independent explanation of it. An honest account of where it helps and where it doesn't.
Why altcoins fall harder: depth, rotation and leverage
In the same sell-off, small caps often fall two or three times as far as bitcoin. Not because of manipulation, but because three structural factors stack: book depth, the order capital moves in, and leverage ratios.
Leverage
This layer does not create direction, it scales the move. Several days of range inside a few minutes is usually this — and sentiment gauges are often the result, not the cause.