Hypotheses
LINK–AVAX Hyperliquid Downside-Variance Divergence
Test whether persistent asymmetric selling pressure predicts subsequent relative underperformance between LINK and AVAX. Use synchronized 4-HOUR bars to buy the asset with the smaller downside-variance share and short…
Hypothesis
Test whether persistent asymmetric selling pressure predicts subsequent relative underperformance between LINK and AVAX. Use synchronized 4-HOUR bars to buy the asset with the smaller downside-variance share and short the asset with the larger share, holding for several days. Catalog filenames indicate overlapping history beginning in February 2024; validate actual coverage before evaluation. Inspired by upside/downside semivariance measures in [Zikes and Barunik](https://arxiv.org/abs/1308.4276); their paper does not establish this crypto trading edge. This is an original, falsifiable adaptation rather than a source reproduction.
Backtest and paper results are hypothetical. Trading involves risk of loss.