A read-only check of the paper desk's plan against the approved rules, using HTX public data pulled at 00:41 UTC+8 (no gaps in the candles).
- Volume multiple: the conclusion stands, but the number was wrong. Under the agreed definition (last 3 closed bars ÷ 20-bar average) it is 1.70×, not 2.48×. It was also noted that 13,797,238 is USDT turnover, not ETH volume.
- Worst-case gap loss: at 10% notional a gap could cost up to 0.52%, which exceeds the 0.5% limit. Disclosing it isn't enough; notional should be about 9.6%.
- Rule text out of date: the plan still described red-light restrictions while the light was yellow.
- Price moved above the 4-hour EMA200 (2,512.64), so the bearish premise no longer held. Standing aside was the right call.
- An older program account likely hit its virtual stop overnight (about −$0.50 each). This will be confirmed from the next ledger snapshot.