thesis terminal

{
  "structure": "swing",
  "title": "Long ETH swing, months, normal risk",
  "legs": [
    {
      "kind": "perp",
      "coin": "ETH",
      "side": "long",
      "notionalUsd": 757.43,
      "qty": 0.2936,
      "leverage": 1,
      "marginMode": "cross",
      "entry": {
        "type": "market",
        "px": 2579.8
      },
      "stop": {
        "px": 2239.3,
        "pct": 13.2
      },
      "takeProfits": [
        {
          "px": 2920.3,
          "pct": 13.2,
          "sizeFrac": 0.5
        },
        {
          "px": 3260.9,
          "pct": 26.4,
          "sizeFrac": 0.5
        }
      ],
      "note": "Stop is 4x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) for a months-long hold (13.2% from the 2,580 entry, not from the mid); targets take half the size at 1R and half at 2R."
    }
  ],
  "riskUsd": 99.97,
  "riskKind": "max_loss",
  "horizon": "months",
  "fundingPerDayUsd": -0.21,
  "warnings": [
    "No wallet was supplied, so every dollar figure is scaled to a nominal. Connect a wallet to size this for real. (a clause naming what the wallet holds was cut)"
  ],
  "components": [
    {
      "type": "ticket_header",
      "props": {
        "title": "Long ETH swing, months, normal risk",
        "structure": "swing",
        "view": "directional",
        "horizon": "months",
        "structureFit": null
      }
    },
    {
      "type": "market_strip",
      "props": {
        "coin": "ETH",
        "mid": 2572.1,
        "atrPct1h": 0.6737,
        "fundingApr": 9.96,
        "ret24hPct": -2.15,
        "ret7dPct": 2.38,
        "rangePos48h": 0.4725,
        "betaToBtc30d": -0.0473
      }
    },
    {
      "type": "leg_row",
      "props": {
        "index": 0,
        "kind": "perp",
        "coin": "ETH",
        "side": "long",
        "notionalUsd": 757.43,
        "qty": 0.2936,
        "leverage": 1,
        "marginMode": "cross",
        "entryType": "market",
        "entryPx": 2579.8,
        "stopPx": 2239.3,
        "stopPct": 13.2,
        "takeProfits": [
          {
            "px": 2920.3,
            "pct": 13.2,
            "sizeFrac": 0.5
          },
          {
            "px": 3260.9,
            "pct": 26.4,
            "sizeFrac": 0.5
          }
        ],
        "note": "Stop is 4x the daily ATR (the 14-bar 1h ATR scaled by sqrt(24), because this prototype only fetches 1h candles) for a months-long hold (13.2% from the 2,580 entry, not from the mid); targets take half the size at 1R and half at 2R."
      }
    },
    {
      "type": "risk_box",
      "props": {
        "riskUsd": 99.97,
        "riskKind": "max_loss",
        "riskLabel": "max loss",
        "maxLossNote": "The stop at 2,239 is 13.2% from the 2,580 entry and costs about $99.97 if it fills (0.2936 x the 2,580-2,239 gap). Cross margin at 1x posts $757.43; a gap through the stop can cost more than the stop.",
        "fundingPerDayUsd": -0.21
      }
    },
    {
      "type": "compare_hold",
      "props": {
        "note": "Versus just holding: this risks $99.97 (1.00% of a nominal. $757.43 of ETH held outright has no stop, no leverage and no funding. (a clause naming what the wallet holds was cut)"
      }
    },
    {
      "type": "warning",
      "props": {
        "key": "nominal_account_assumed",
        "text": "No wallet was supplied, so every dollar figure is scaled to a nominal. Connect a wallet to size this for real. (a clause naming what the wallet holds was cut)",
        "severity": "info"
      }
    },
    {
      "type": "hl_link",
      "props": {
        "coin": "ETH",
        "url": "https://app.hyperliquid.xyz/trade/ETH"
      }
    }
  ],
  "market": {
    "ETH": {
      "coin": "ETH",
      "mid": 2572.1,
      "markPx": 2572.1,
      "fundingApr": 9.960733199999998,
      "oiUsd": 2652715801.4437594,
      "vol24hUsd": 1065347593.8580196,
      "maxLeverage": 25,
      "szDecimals": 4,
      "atrPct1h": 0.6737025604583531,
      "ret24hPct": -2.1531555521740797,
      "ret7dPct": 2.384364302205233,
      "rangePos48h": 0.47250952640174093,
      "hi30d": 2669,
      "lo30d": 2245.7,
      "betaToBtc30d": -0.047323024698127804,
      "asOf": 1789888883877,
      "dex": null
    },
    "BTC": {
      "coin": "BTC",
      "mid": 80319,
      "markPx": 80319,
      "fundingApr": 10.950000000000001,
      "oiUsd": 3301618005.25116,
      "vol24hUsd": 1436313949.0100994,
      "maxLeverage": 40,
      "szDecimals": 5,
      "atrPct1h": 0.40044677872892165,
      "ret24hPct": -0.9593449819352173,
      "ret7dPct": 4.207535419585873,
      "rangePos48h": 0.6234845083071396,
      "hi30d": 82268,
      "lo30d": 69493,
      "betaToBtc30d": 1,
      "asOf": 1789888883877,
      "dex": null
    }
  },
  "reader": {
    "structureConfidence": -1,
    "alternatives": [],
    "trace": {
      "ms": 274,
      "input_tokens": 605,
      "answers": {
        "warn_gap_risk_stops": {
          "value": 0.36,
          "confidence": 0.36
        }
      }
    }
  },
  "numbersBy": "code",
  "compare": {
    "holdUsdcNote": "Versus just holding: this risks $99.97 (1.00% of a nominal. $757.43 of ETH held outright has no stop, no leverage and no funding. (a clause naming what the wallet holds was cut)"
  }
}