SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.93%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Exit Intelligence: Drawdown 7.21% exceeds max 7%, No recovery momentum detected


Exit Intelligence: Position open 79min, timeout 30min, No recovery momentum detected, Recovery timeout reached


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=14.03%


Partial Exit: Drawdown 6.11% approaching limit, No recovery momentum detected


Partial Exit: Drawdown 6.04% approaching limit, No recovery momentum detected


Partial Exit: Drawdown 6.18% approaching limit, Given back 3.05% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.45% approaching limit, Given back 3.33% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.66% approaching limit, Given back 3.54% from peak, No recovery momentum detected


Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.84%


Partial Exit: Position open 38min, timeout 30min, No recovery momentum detected, Surface collapse down against long


Partial Exit: Position open 39min, timeout 30min, Given back 3.43% from peak, No recovery momentum detected


Partial Exit: Position open 45min, timeout 30min, Given back 3.79% from peak, No recovery momentum detected


Partial Exit: Position open 49min, timeout 30min, Given back 3.27% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.1%, final=13.79%


Partial Exit: Position open 53min, timeout 30min, Given back 3.05% from peak, No recovery momentum detected


Partial Exit: Position open 53min, timeout 30min, No recovery momentum detected


Partial Exit: Position open 54min, timeout 30min, No recovery momentum detected, Surface collapse down against long


Exit Intelligence: Position open 40min, timeout 30min, No recovery momentum detected, Recovery timeout reached


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=1.1%, final=15.00%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.83%


Partial Exit: Position open 102min, timeout 30min, No recovery momentum detected


Partial Exit: Position open 104min, timeout 30min, Given back 3.15% from peak, No recovery momentum detected


Partial Exit: Position open 106min, timeout 30min, Given back 3.46% from peak, No recovery momentum detected


Partial Exit: Position open 107min, timeout 30min, Given back 3.47% from peak, No recovery momentum detected


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=14.03%

Partial Exit: Position open 38min, timeout 30min, No recovery momentum detected, Surface collapse down against long

Partial Exit: Position open 39min, timeout 30min, Given back 3.43% from peak, No recovery momentum detected

Partial Exit: Position open 45min, timeout 30min, Given back 3.79% from peak, No recovery momentum detected

Partial Exit: Position open 49min, timeout 30min, Given back 3.27% from peak, No recovery momentum detected

Partial Exit: Position open 53min, timeout 30min, Given back 3.05% from peak, No recovery momentum detected

Partial Exit: Position open 53min, timeout 30min, No recovery momentum detected

Partial Exit: Position open 54min, timeout 30min, No recovery momentum detected, Surface collapse down against long

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%

Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.3%, final=13.90%


Partial Exit: No recovery momentum detected, Surface collapse up against short


Partial Exit: Drawdown 5.54% approaching limit, No recovery momentum detected


Partial Exit: Drawdown 5.61% approaching limit, No recovery momentum detected


Partial Exit: Drawdown 6.37% approaching limit, Given back 3.53% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.44% approaching limit, Given back 3.60% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.72% approaching limit, Given back 3.88% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.86% approaching limit, Given back 4.01% from peak, No recovery momentum detected


Partial Exit: Drawdown 7.00% approaching limit, Given back 4.15% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 7.14% exceeds max 7%, Given back 4.29% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.4%, final=13.86%


Exit Intelligence: Position open 31min, timeout 30min, No recovery momentum detected, OI down -6.8% in 1h, Recovery timeout reached


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.83%

Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%

Exit Intelligence: Drawdown 9.09% exceeds max 7%, Given back 6.60% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.39% approaching limit, No recovery momentum detected, Surface collapse down against long


Partial Exit: Drawdown 5.12% approaching limit, No recovery momentum detected, Surface collapse down against long


Partial Exit: No recovery momentum detected, Surface collapse down against long


Exit Intelligence: Position open 33min, timeout 30min, No recovery momentum detected, Recovery timeout reached


Partial Exit: Drawdown 5.53% approaching limit, Position open 35min, timeout 30min, Given back 5.08% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Partial Exit: Drawdown 6.16% approaching limit, Position open 47min, timeout 30min, Given back 5.70% from peak, No recovery momentum detected, Surface collapse down against long


LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 99%

Exit Intelligence: Drawdown 10.82% exceeds max 7%, Position open 76min, timeout 30min, Given back 10.36% from peak, No recovery momentum detected


Partial Exit: Position open 58min, timeout 30min, No recovery momentum detected, Funding turning against short


Partial Exit: Position open 59min, timeout 30min, No recovery momentum detected, Funding turning against short


Partial Exit: Position open 60min, timeout 30min, No recovery momentum detected, Funding turning against short


Partial Exit: Position open 61min, timeout 30min, No recovery momentum detected, Funding turning against short


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Partial Exit: Position open 73min, timeout 30min, Given back 3.53% from peak, No recovery momentum detected, Funding turning against short


Partial Exit: Position open 78min, timeout 30min, Given back 3.88% from peak, No recovery momentum detected, Funding turning against short


Partial Exit: Position open 84min, timeout 30min, Given back 3.94% from peak, No recovery momentum detected, Funding turning against short


Partial Exit: Drawdown 5.05% approaching limit, Position open 86min, timeout 30min, Given back 4.17% from peak, No recovery momentum detected, Funding turning against short


Partial Exit: Drawdown 5.07% approaching limit, Position open 88min, timeout 30min, Given back 4.18% from peak, No recovery momentum detected, Funding turning against short


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%

Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.9%, final=13.85%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 95%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


Partial Exit: Position open 110min, timeout 30min, Given back 3.12% from peak, No recovery momentum detected, Funding turning against short


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%

Partial Exit: Position open 58min, timeout 30min, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 59min, timeout 30min, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 60min, timeout 30min, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 61min, timeout 30min, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 73min, timeout 30min, Given back 3.53% from peak, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 78min, timeout 30min, Given back 3.88% from peak, No recovery momentum detected, Funding turning against short

Partial Exit: Position open 84min, timeout 30min, Given back 3.94% from peak, No recovery momentum detected, Funding turning against short

Partial Exit: Drawdown 5.05% approaching limit, Position open 86min, timeout 30min, Given back 4.17% from peak, No recovery momentum detected, Funding turning against short

Partial Exit: Drawdown 5.07% approaching limit, Position open 88min, timeout 30min, Given back 4.18% from peak, No recovery momentum detected, Funding turning against short


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Partial Exit: Given back 3.12% from peak, No recovery momentum detected


Partial Exit: Given back 3.26% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.00% approaching limit, Given back 3.89% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 8.36% exceeds max 7%, Given back 4.01% from peak, No recovery momentum detected


Partial Exit: Given back 3.75% from peak, No recovery momentum detected


Partial Exit: Given back 3.33% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.9%, final=13.85%

Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.6%, final=14.04%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.1%, final=13.85%


Partial Exit: Drawdown 5.69% approaching limit, Given back 4.59% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 7.69% exceeds max 7%, Given back 6.59% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


Partial Exit: Position open 39min, timeout 30min, Given back 3.60% from peak, No recovery momentum detected


Partial Exit: Position open 40min, timeout 30min, Given back 3.21% from peak, No recovery momentum detected


Partial Exit: Position open 41min, timeout 30min, Given back 3.90% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.83%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 87%


Partial Exit: Position open 43min, timeout 30min, Given back 4.09% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.02% approaching limit, Position open 45min, timeout 30min, Given back 5.89% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.57% approaching limit, Position open 45min, timeout 30min, Given back 5.44% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.91%


Partial Exit: Drawdown 5.93% approaching limit, Given back 4.38% from peak, No recovery momentum detected


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.1%, final=13.86%


Partial Exit: Drawdown 6.31% approaching limit, Given back 4.75% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.62% approaching limit, Given back 4.06% from peak, No recovery momentum detected


Partial Exit: No recovery momentum detected, Surface collapse down against long


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Exit Intelligence: Drawdown 7.45% exceeds max 7%, Given back 3.85% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.1%, final=13.98%


Partial Exit: Drawdown 6.75% approaching limit, Given back 4.03% from peak, No recovery momentum detected


LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%

Exit Intelligence: Drawdown 7.04% exceeds max 7%, Given back 4.32% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=8.3%, final=13.86%


Exit Intelligence: Drawdown 7.06% exceeds max 7%, Given back 4.35% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 8.37% exceeds max 7%, Given back 5.54% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.2%, final=13.86%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 97%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=14.01%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.91%

Partial Exit: Drawdown 5.93% approaching limit, Given back 4.38% from peak, No recovery momentum detected

Partial Exit: Drawdown 6.31% approaching limit, Given back 4.75% from peak, No recovery momentum detected

Partial Exit: Drawdown 5.62% approaching limit, Given back 4.06% from peak, No recovery momentum detected

Partial Exit: No recovery momentum detected, Surface collapse down against long

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 97%

Partial close → full (remainder too small)


Exit Intelligence: Drawdown 7.21% exceeds max 7%, Given back 4.44% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.2%, final=14.02%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.4%, final=13.85%


Partial Exit: Given back 3.89% from peak, No recovery momentum detected


Partial Exit: Given back 3.94% from peak, No recovery momentum detected


Partial Exit: Given back 4.20% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.1%, final=13.85%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


Partial Exit: Given back 4.41% from peak, No recovery momentum detected


Partial Exit: Given back 4.59% from peak, No recovery momentum detected


Partial Exit: Given back 4.65% from peak, No recovery momentum detected


Partial Exit: Given back 4.70% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.11% approaching limit, Given back 6.08% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.77% approaching limit, Given back 5.74% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=14.01%

Partial close → full (remainder too small)


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.9%, final=13.99%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 94%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.3%, final=13.87%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Partial Exit: Given back 3.21% from peak, No recovery momentum detected, Surface collapse up against short


Partial Exit: Given back 3.28% from peak, No recovery momentum detected, Surface collapse up against short


Partial Exit: Given back 3.42% from peak, No recovery momentum detected, Surface collapse up against short


Partial Exit: Given back 3.62% from peak, No recovery momentum detected, Surface collapse up against short


Partial Exit: Drawdown 6.76% approaching limit, Given back 4.55% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%


Exit Intelligence: Drawdown 10.14% exceeds max 7%, Given back 7.94% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.82% approaching limit, Given back 3.93% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.78% approaching limit, Given back 3.89% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 7.22% exceeds max 7%, Given back 4.33% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.86%


SURFACE COLLAPSE: Surface collapse up: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=3.1%, final=15.00%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 88%


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.9%, final=13.87%


Partial Exit: Given back 3.19% from peak, No recovery momentum detected, Funding turning against long


Partial Exit: Given back 3.15% from peak, No recovery momentum detected, Funding turning against long


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.3%, final=13.85%


Partial Exit: Given back 3.37% from peak, No recovery momentum detected


Partial Exit: Drawdown 4.95% approaching limit, Given back 4.08% from peak, No recovery momentum detected


Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


Partial Exit: Drawdown 5.17% approaching limit, Given back 4.30% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.95% approaching limit, Given back 5.08% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.84%


Partial Exit: Drawdown 5.42% approaching limit, Given back 4.55% from peak, No recovery momentum detected


Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.89%


Partial Exit: Drawdown 5.77% approaching limit, Position open 37min, timeout 30min, Given back 3.64% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.65% approaching limit, Position open 42min, timeout 30min, Given back 3.51% from peak, No recovery momentum detected, Surface collapse up against short


Partial Exit: Position open 42min, timeout 30min, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Partial Exit: Position open 53min, timeout 30min, No recovery momentum detected, Surface collapse up against short


Partial Exit: Drawdown 6.36% approaching limit, Given back 4.40% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.23% approaching limit, Given back 4.27% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.82% approaching limit, Given back 3.86% from peak, No recovery momentum detected, Surface collapse down against long


Partial Exit: Drawdown 6.50% approaching limit, Given back 4.54% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.56% approaching limit, Given back 4.60% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.70% approaching limit, Given back 4.74% from peak, No recovery momentum detected


Exit Intelligence: Drawdown 7.04% exceeds max 7%, Given back 5.08% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=13.90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.84%

Surface Exit (profit protection): LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 100%


LIQUIDITY FLOW REVERSAL: Wasserstein flow against long with tension 100%

Exit Intelligence: Drawdown 9.95% exceeds max 7%, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.91%


Exit Intelligence: Drawdown 8.81% exceeds max 7%, Given back 5.76% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse up: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=1.9%, final=15.00%


Exit Intelligence: Drawdown 7.40% exceeds max 7%, Given back 4.49% from peak, No recovery momentum detected


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Partial Exit: Drawdown 5.51% approaching limit, Given back 5.07% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.79% approaching limit, Given back 5.35% from peak, No recovery momentum detected


Partial Exit: Drawdown 6.13% approaching limit, Given back 5.69% from peak, No recovery momentum detected


Partial Exit: Drawdown 5.58% approaching limit, Given back 5.14% from peak, No recovery momentum detected


Partial close → full (remainder too small)


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.89%

LIQUIDITY FLOW REVERSAL: Wasserstein flow against short with tension 83%