A long-SHORT, SINGLE-INSTRUMENT, single-venue, EVENT-DRIVEN reversal strategy on ETHUSDT.BINANCE USD-M perpetual futures using 15-MINUTE bars, where aggregated liquidation volume (supplementary data) is the trigger and price action is the P&L (fully credited by the engine — liquidations are used purely as a signal, never as a cash flow). The thesis is forced-deleveraging overshoot: when a liquidation cascade fires (a cluster of forced position closures far above the recent baseline), price mechanically overshoots beyond fair value because liquidations are market orders that must fill regardless of price, then snaps back sharply once the forced flow exhausts. The strategy waits for the cascade to PEAK and begin DECAYING (intensity rolling over) plus a price-reversal confirmation bar, then enters counter to the cascade direction to capture the V-snap. This deliberately avoids every recurring failure mode this session: NOT BINANCE_SPOT (CASH metric bug), NOT BINANCE_CM (not backtestable), NOT cross-venue/Hyperliquid (basis artifact), NOT a multi-instrument pair (extra-leg feed not delivered to optimizers), NOT funding-carry (no uncreditable cash flow), NOT trend-following (already over-represented and overfit-prone), and critically NOT generic buy-the-dip MR — it is gated on a specific microstructure capitulation event (liquidation spike + exhaustion), not on any price dip. It fills the long-short direction quota (only 14.4% vs heavy 85.6% long-only) AND the under-represented short-horizon bucket (2.3% vs 10% target), on the clean single-instrument USD-M OHLCV path. Kept low-parameter to resist overfitting.