RR Terminal

A systematic research terminal for Bitcoin.

RR Terminal brings on-chain data, liquidity, macro, positioning, valuation and systematic models into one place. It processes those inputs into regimes, states and system outputs so you can read them together instead of rebuilding the same research across multiple tools.

Control Center · LiveSystem posture, allocation and current state
RR Terminal Control Center showing the current LEGIO system posture
The workflow

Most Bitcoin research still happens across too many tabs.

On-chain data lives in one dashboard. Liquidity and macro live somewhere else. Positioning, valuation and derivatives come from different sources, update at different times and need to be read on different horizons.

Then you have to line up the dates, separate slow data from fast data and check which readings agree.

RR Terminal handles that preparation inside the product before you start interpreting the output.

How it works

Data goes in. The useful part comes out.

The Terminal cleans and aligns market data, runs it through models, regimes and systems, then publishes outputs you can read together.

01 · Inputs
Market Map positioning output
Liquidity regime output
INVICTUS trend-following system output
Gamma exposure market structure output

On-chain, liquidity, macro, positioning, valuation and market data feed different parts of the Terminal.

02 · Processing
RR TerminalClean · Align · Model
Regime · System

Inputs are processed according to each module’s own method and timeframe.

03 · Outputs
Market stateRegime · Context
System outputAllocation · Trend
LevelsValuation · Risk

Outputs include dates, current readings and guidance on how to read them.

04 · Human judgment
Your decisionRisk · Timeframe · Judgment

You compare the outputs and decide what fits your own risk and timeframe. The Terminal does not execute for you.

Formulas, weights and thresholds remain proprietary. Each module explains what it measures, what it is reading now and when the underlying data was updated.

Market Map · Free

Start with positioning and regime.

Market Map is the free entry point to RR Terminal. It gives you four current modules without presenting them as a teaser.

Market MapFree · Current output
RR Terminal Market Map with positioning and regime modules
Positioning

Smart Money Radar · 1K–10K BTC

Flow, cost basis and supply held by the 1K–10K BTC cohort.

Cost-Basis Battlefield

Where different Bitcoin cohorts sit relative to spot and how their holdings are changing.

Regime

Macro Regime · NFCI × DXY

US financial conditions and the dollar combined into a macro regime.

Macro Regime · ETF × Gold

Equity and gold ETF flows, with Bitcoin ETF flow as added context.

Start FreeFree account required
RR Terminal Pro

Pro gives you the full Terminal.

Market Map covers positioning and regime. Pro adds overall market state, systematic allocation, valuation, liquidity, cycle, momentum and intraday market structure.

LEGIO · INVICTUSSystematic allocation across crypto, gold and cash
LEGIO INVICTUS system page with allocation, equity and system components
Overall market state

Control Center

Main model and system readings together.

Systematic allocation

LEGIO

Allocation, relative strength and portfolio posture.

Valuation

Fair Value

Bitcoin valuation models based on liquidity and gold.

Liquidity and macro

Macro & Liquidity

Credit and liquidity conditions across key economies.

Cycle and momentum

Arsenal

Cycle position, momentum regimes and structural valuation.

Intraday structure

Gamma

Options positioning, volatility conditions and relevant levels.

Explore ProSee PricingEverything in Market Map remains available inside Pro
Product proof

A real system. A visible record.

Current product captures from INVICTUS inside LEGIO. The trade record includes winning and losing rotations.

INVICTUS six-month equity, signal and drawdown chart
INVICTUS · Equity and signal6M system view
Recent INVICTUS spot portfolio trades grouped by month
INVICTUS · Recent tradesJun → Oct 2026
SystemINVICTUS · LEGIO
Full backtest2018 → today
Recent recordJun → Oct 2026
Portfolio logicRisk-adjusted spot
CryptoQuant Verified AuthorForeDex Recognized Analyst

System and backtest outputs are shown for research context. Past performance does not guarantee future results. The Terminal does not execute decisions for you.

Pricing

Start with Market Map. Add Pro when you need the full Terminal.

RR Terminal Free

$0
  • Smart Money Radar · 1K–10K BTC
  • Cost-Basis Battlefield
  • Macro Regime · NFCI × DXY
  • Macro Regime · ETF × Gold
Start Free

RR Terminal Pro

$49/month · or $490/year
  • Everything in Market Map
  • Control Center
  • LEGIO
  • Fair Value
  • Macro & Liquidity
  • Arsenal
  • Gamma
  • More modules as the Terminal evolves
Explore Pro

Cancel renewal anytime

Built and used by the analyst

Leonardo Ruga

Independent Bitcoin research · CryptoQuant Verified Author · ForeDex Recognized Analyst

@RugaResearch on X ↗

Leonardo Ruga
Market Map

Open today’s positioning and regime.

Create a free account and read the current positioning and regime. Move to Pro only if you need the rest of the Terminal.