Limitations — crypto

Published verbatim at /methodology/crypto/limitations, in addition to every Part II limitation (which still applies):

1. Extreme volatility. Crypto moves far more than equities; ATR-sized stops are wider, but a violent regime break blows through any backward-looking stop.
2. 24/7 with weekend/holiday gap risk. There is no close, but liquidity thins on weekends and a gap can jump a stop — the modeled stop is not a guaranteed fill.
3. Unreliable volume. Reported volume is inflated by wash trading and fragmented across venues; the Volume family is down-weighted and its readings are the softest input.
4. No fundamentals, no earnings. There is no P/E, dividend, or earnings calendar; the only event-awareness equities have (G5) does not exist for crypto yet.
5. Free, delayed data on a limited coin set. The free feed's crypto coverage is delayed and narrower than a dedicated exchange feed; a paid crypto feed (real-time, full universe, better volume) is a possible future upgrade.
6. Un-calibrated priors. The crypto profile's constants are reasoned, not measured; until a crypto backtest runs, confidence is "signal agreement," never a win rate.
7. Nothing here is financial advice. Crypto is higher-risk than equities. The engine reports technical structure and defined-risk arithmetic; the decision, and the risk, belong to the user.