{
  "market": "BTC",
  "direction": "short",
  "leverage": 200,
  "take_profit_bp": 30,
  "stop_loss_bp": 32,
  "bust_distance_bp": 45.0,
  "expected_net_return_on_margin_pct": 49.173,
  "confidence": 0.57,
  "regime": "trending_down",
  "entry_mid": 77321.5,
  "data_time_utc": "2026-10-31T03:31:03Z",
  "reasoning": "BTC has the cleaner short setup: recent 1m and 5m closes are below their short-term averages, with the latest 15m windows down about 9\u201312 bp. At 200x, a 30 bp target models about 49% net return on margin, comfortably above the tile threshold; the 32 bp stop allows for ordinary 5m noise while staying inside the 45 bp liquidation distance.",
  "risks": "A sharp BTC rebound can hit the 32 bp stop, and a fast move beyond the 45 bp liquidation threshold can consume the full margin before a stop executes."
}