{
  "run": {
    "generated_at": "2026-06-22T04:58:46.620897+00:00",
    "advisory_only": true,
    "no_live_orders": true
  },
  "inputs": {
    "symbol_key": "BYBIT_BTCUSD_P",
    "bars": 300,
    "market_cap_days": "365"
  },
  "session_volume_matrix": {
    "15": {
      "london": {
        "bars": 67,
        "average_volume": 2310342.104477612,
        "total_volume": 154792921.0
      },
      "new_york": {
        "bars": 101,
        "average_volume": 2713798.376237624,
        "total_volume": 274093636.0
      },
      "sydney": {
        "bars": 36,
        "average_volume": 797318.4722222222,
        "total_volume": 28703465.0
      },
      "tokyo": {
        "bars": 96,
        "average_volume": 1486812.7604166667,
        "total_volume": 142734025.0
      }
    },
    "24": {
      "london": {
        "bars": 65,
        "average_volume": 3839736.8,
        "total_volume": 249582892.0
      },
      "new_york": {
        "bars": 100,
        "average_volume": 5117864.39,
        "total_volume": 511786439.0
      },
      "sydney": {
        "bars": 35,
        "average_volume": 1208719.857142857,
        "total_volume": 42305195.0
      },
      "tokyo": {
        "bars": 100,
        "average_volume": 2804389.11,
        "total_volume": 280438911.0
      }
    },
    "30": {
      "london": {
        "bars": 69,
        "average_volume": 4710476.101449275,
        "total_volume": 325022851.0
      },
      "new_york": {
        "bars": 99,
        "average_volume": 6510050.01010101,
        "total_volume": 644494951.0
      },
      "sydney": {
        "bars": 36,
        "average_volume": 1721880.25,
        "total_volume": 61987689.0
      },
      "tokyo": {
        "bars": 96,
        "average_volume": 3807013.5208333335,
        "total_volume": 365473298.0
      }
    },
    "60": {
      "london": {
        "bars": 60,
        "average_volume": 9549362.116666667,
        "total_volume": 572961727.0
      },
      "new_york": {
        "bars": 103,
        "average_volume": 10856909.223300971,
        "total_volume": 1118261650.0
      },
      "sydney": {
        "bars": 39,
        "average_volume": 5652118.717948718,
        "total_volume": 220432630.0
      },
      "tokyo": {
        "bars": 98,
        "average_volume": 6794484.714285715,
        "total_volume": 665859502.0
      }
    },
    "80": {
      "london": {
        "bars": 66,
        "average_volume": 14613985.833333334,
        "total_volume": 964523065.0
      },
      "new_york": {
        "bars": 102,
        "average_volume": 15009597.284313725,
        "total_volume": 1530978923.0
      },
      "sydney": {
        "bars": 34,
        "average_volume": 10554693.911764706,
        "total_volume": 358859593.0
      },
      "tokyo": {
        "bars": 98,
        "average_volume": 12427373.102040816,
        "total_volume": 1217882564.0
      }
    },
    "90": {
      "london": {
        "bars": 57,
        "average_volume": 18109922.47368421,
        "total_volume": 1032265581.0
      },
      "new_york": {
        "bars": 95,
        "average_volume": 17841027.021052632,
        "total_volume": 1694897567.0
      },
      "sydney": {
        "bars": 38,
        "average_volume": 12873711.210526315,
        "total_volume": 489201026.0
      },
      "tokyo": {
        "bars": 110,
        "average_volume": 17445579.20909091,
        "total_volume": 1919013713.0
      }
    },
    "240": {
      "london": {
        "bars": 100,
        "average_volume": 51814476.11,
        "total_volume": 5181447611.0
      },
      "new_york": {
        "bars": 100,
        "average_volume": 33235113.61,
        "total_volume": 3323511361.0
      },
      "tokyo": {
        "bars": 100,
        "average_volume": 42568362.27,
        "total_volume": 4256836227.0
      }
    }
  },
  "cycle_timing": {
    "available": true,
    "first_daily_bar": "2025-08-26T00:00:00+00:00",
    "last_daily_bar": "2026-06-21T00:00:00+00:00",
    "latest_close": 63956.5,
    "days_since_2024_halving": 792,
    "cache_limitations": "Local daily cache starts after the 2024 halving, so this is partial post-halving evidence unless a longer daily history is collected.",
    "cycle_rows": [
      {
        "cycle": "2024 halving",
        "halving_date": "2024-04-20",
        "coverage": "partial_post_halving_cache",
        "days_from_halving_to_low_in_available_data": 777,
        "days_from_halving_to_high_in_available_data": 534,
        "low": 60848.6,
        "high": 124659.4,
        "latest_close_vs_cycle_low_pct": 5.107594915906044,
        "latest_close_vs_cycle_high_pct": -48.69500414730056
      }
    ]
  },
  "market_cap_matrix": {
    "available": false,
    "reason": "HTTP Error 429: Too Many Requests"
  },
  "research_note": "Bitcoin is materially below the available cycle high in the cached daily data. Market-cap enrichment was unavailable. Treat this as a research input, not a bottom call."
}