{
  "source": "ethfearandgreed.com",
  "disclaimer": "Hypothetical model portfolio \u00b7 not financial advice \u00b7 no real money",
  "asof": "2026-11-11 10:51 Australia/Brisbane (UTC+10)",
  "inception": {
    "date": "2026-11-09",
    "close": 2135.24,
    "starting_cash": 100.0,
    "note": "Inception is the latest complete daily close on the day this model was started. No earlier history is backtested. Dip-ladder rungs priced above the inception close were treated as already through and filled at the inception close (not at the limit)."
  },
  "last_processed": "2026-11-10",
  "mark": {
    "date": "2026-11-10",
    "close": 2053.21,
    "sma20": 2275.758,
    "sma50": 2458.4806
  },
  "current": {
    "equity": 99.5608,
    "return_pct": -0.4392,
    "starting_cash": 100.0,
    "spot_value": 10.7146,
    "spot_cash": 48.8462,
    "trading_equity": 40.0,
    "trading_cash": 40.0,
    "unrealized_trading_pnl": 0.0,
    "spot_eth": 0.005218473,
    "buy_and_hold_equity": 96.0621,
    "buy_and_hold_return_pct": -3.9379,
    "vs_buy_and_hold_pct": 3.6421,
    "buy_and_hold_eth": 0.0467863097
  },
  "sleeves": {
    "dca": {
      "cash": 28.8462,
      "eth": 0.000539842,
      "tranches_done": 1,
      "weeks": 26
    },
    "ladder": {
      "cash": 20.0,
      "rungs": [
        {
          "price": 2200.0,
          "allocation": 10.0,
          "filled": true,
          "fill_price": 2135.24,
          "eth": 0.004678631
        },
        {
          "price": 2000.0,
          "allocation": 10.0,
          "filled": false,
          "fill_price": null,
          "eth": 0.0
        },
        {
          "price": 1800.0,
          "allocation": 10.0,
          "filled": false,
          "fill_price": null,
          "eth": 0.0
        }
      ]
    },
    "trading": {
      "cash": 40.0,
      "consecutive_losses": 0,
      "realized_pnl": 0.0,
      "open": null
    }
  },
  "open_positions": [
    {
      "sleeve": "spot",
      "side": "long",
      "eth": 0.005218473,
      "mark": 2053.21,
      "value": 10.7146,
      "notes": "Accumulated Monday DCA and dip-ladder fills (no leverage)."
    }
  ],
  "equity_curve": [
    {
      "date": "2026-11-09",
      "price": 2135.24,
      "equity": 99.9888,
      "buy_and_hold": 99.9
    },
    {
      "date": "2026-11-10",
      "price": 2053.21,
      "equity": 99.5608,
      "buy_and_hold": 96.0621
    }
  ],
  "trades": [
    {
      "ts_utc": "2026-11-10 00:00:00 UTC",
      "ts_brisbane": "2026-11-10 10:00:00 Australia/Brisbane (UTC+10)",
      "action": "ladder_buy",
      "price": 2135.24,
      "reason": "Rung $2,200 was above the inception close ($2,135.24); filled at inception close. Classic 28 Fear",
      "size_usd": 10.0,
      "eth": 0.004678631,
      "equity": 99.99,
      "balances": {
        "dca_cash": 30.0,
        "ladder_cash": 20.0,
        "trading_cash": 40.0,
        "spot_eth": 0.004678631
      },
      "fee_usd": 0.01,
      "sleeve": "ladder"
    },
    {
      "ts_utc": "2026-11-10 00:00:00 UTC",
      "ts_brisbane": "2026-11-10 10:00:00 Australia/Brisbane (UTC+10)",
      "action": "dca_buy",
      "price": 2135.24,
      "reason": "Monday DCA week 1 of 26. Classic 28 Fear",
      "size_usd": 1.1538,
      "eth": 0.000539842,
      "equity": 99.9888,
      "balances": {
        "dca_cash": 28.8462,
        "ladder_cash": 20.0,
        "trading_cash": 40.0,
        "spot_eth": 0.005218473
      },
      "fee_usd": 0.0012,
      "sleeve": "dca"
    }
  ],
  "rules": {
    "starting_cash_usd": 100.0,
    "spot_sleeve": "60% of the starting $100. 30% ($30) weekly Monday DCA in equal tranches over 26 weeks. 30% ($30) dip ladder in equal thirds at $2,200 / $2,000 / $1,800. A rung fills only if the daily low trades through it, at the limit price. Rungs already above the inception close were filled at the inception close.",
    "trading_sleeve": "40% ($40) trading sleeve. 3x isolated long only when the daily close (00:00 UTC = 10:00 Australia/Brisbane) is above both the 20D and 50D SMA. Exit on a daily close below the 50D. Model liquidation at a 33.3% move against entry (simplified isolated 3x, no maintenance-margin buffer). Margin is at most half the trading sleeve. Size is halved after 3 consecutive losses, and halved when Binance ETHUSDT globalLongShortAccountRatio is 2.0 or more.",
    "costs": "0.1% fee on each buy, sell, entry, exit, and liquidation, applied to the notional. Binance ETHUSDT perpetual funding is applied to an open 3x position at each 8-hour funding timestamp (longs pay when the rate is positive).",
    "valuation": "The book is marked on complete daily closes only. The incomplete current UTC candle is not used for fills, entries, or official equity."
  }
}