Insights

Market perspective
and trade reasoning.

A running record of how we read markets, construct positions, and think about risk. Written for an informed audience, published without obligation to consensus.

Trade Analysis  ·  Vol. I

The Art of
Fading Noise

Trade Analysis  ·  April 2026

The Art of Fading Noise

Inaugural trade thesis from Lecryp Capital. The fund opens with a $7.5M notional short on Bitcoin and $2.5M on Ethereum, constructed on on-chain divergence, structural resistance at the true market mean, and mispriced macro optimism. A breakdown of the signals, the structure, and the reasoning.

Published on Medium Read the full article →