{ "ticker": { "uuid": "4e33a744-1d21-4c6c-90df-39001e09978e", "symbol": "BTRN", "name": "GLOBAL X FDS BITCOIN TREND STRATEGY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.755, "architecture_energy": 60.89, "architecture_maturity": 54.868, "architecture_confidence": 96, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.08, "rotation_up": 29.07, "upward_expansion": 12.0, "deceleration": 56.02, "rotation_down": 46.51, "downward_expansion": 80.67 }, "activity_lines": [ 24.649327, 24.663916, 25.42433, 25.960313 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 24.7221, "trend_reference": 26.589059, "distance_from_trend": -0.070215, "trend_direction": "Weakening", "fair_value": 26.175129, "distance_from_fair_value": -0.055512, "fair_value_direction": "Weakening", "relative_strength": -20.55638, "relative_strength_direction": "Weakening", "price_momentum": -0.10037, "excess_performance": -0.225995, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070215, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.037267, "read": "Falling" 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"relative_strength": -21.459711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.904681, "energy": 84.848159, "activity_lines": [ 24.673788, 25.142694, 26.115794, 26.527379 ] }, { "date": "2026-07-17", "close": 24.6812, "volume": 769, "typical_volume": 7432.6, "trend": 26.895092, "fair_value": 26.213034, "relative_strength": -19.663215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.215457, "energy": 67.154828, "activity_lines": [ 24.661601, 24.940249, 25.927103, 26.378024 ] }, { "date": "2026-07-24", "close": 24.6837, "volume": 860, "typical_volume": 6840.8, "trend": 26.794136, "fair_value": 26.200601, "relative_strength": -18.47589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.089989, "energy": 63.729452, "activity_lines": [ 24.667402, 24.803761, 25.752215, 26.235354 ] }, { "date": "2026-07-31", "close": 24.4952, "volume": 1111, "typical_volume": 6805.0, "trend": 26.686296, "fair_value": 26.186847, "relative_strength": -19.270042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.749606, "energy": 64.21295, "activity_lines": [ 24.618967, 24.691573, 25.570649, 26.087036 ] }, { "date": "2026-08-07", "close": 24.7221, "volume": 973, "typical_volume": 6796.05, "trend": 26.589059, "fair_value": 26.175129, "relative_strength": -20.55638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.754634, "energy": 60.890043, "activity_lines": [ 24.649327, 24.663916, 25.42433, 25.960313 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }