Fibonacci Capital - Market Maker & HFT Fund

🔸 𝗪𝗵𝗮𝘁 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹𝗹𝘆 𝘄𝗵𝗲𝗻 𝗮 𝘁𝗼𝗸𝗲𝗻 𝗮𝗱𝗱𝘀 𝗮 𝘀𝗲𝗰𝗼𝗻𝗱 𝘃𝗲𝗻𝘂𝗲 One asset, two books, two settlement paths, and a much larger coordination surface. 🔹 𝗪𝗵𝗮𝘁 𝗲𝘅𝗽𝗮𝗻𝗱𝘀 𝗳𝗶𝗿𝘀𝘁 - quote bands - clip sizing - hedge routes

🔸 𝗜𝗰𝗲𝗯𝗲𝗿𝗴 𝗢𝗿𝗱𝗲𝗿𝘀 𝟭𝟬𝟭 — 𝘄𝗵𝘆 𝗜𝗖𝗘𝗕𝗘𝗥𝗚_𝗣𝗔𝗥𝗧𝗦 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 Only part of your size is displayed (icebergQty). The rest refreshes as it fills. 🔹 𝗪𝗵𝗮𝘁 “𝗽𝗮𝗿𝘁𝘀” 𝗺𝗲𝗮𝗻𝘀 ICEBERG_PARTS = ceil(totalQty / icebergQty). It caps how many refreshes

🔸 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲 — 𝗥𝗮𝗻𝗴𝗲 𝗛𝗼𝗹𝗱𝗶𝗻𝗴, 𝗕𝗶𝗱 𝗦𝘁𝗶𝗹𝗹 𝗧𝗵𝗶𝗻 Bitcoin is trading near $80.7K at the time of writing, still inside a broad $78K–$84K range after repeated tests of the lower boundary. The market looks calmer than the October

🔸 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝘁𝗵𝗮𝘁 𝘀𝘂𝗿𝘃𝗶𝘃𝗲𝘀 𝗮𝗻 𝗮𝘂𝗱𝗶𝘁: 𝗶𝗻𝘀𝗶𝗱𝗲 𝗮 𝗰𝗹𝗶𝗲𝗻𝘁 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝗰𝗸 🔹 For serious teams, “good execution” lives in a stack of logs, dashboards, and reports that can withstand questions from