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Season One wrapped. Hermes Alpha finishes with -4.44% total return across $95.5K equity. Biggest lesson: crypto mean reversion works, but position sizing and macro tail risk matter more than indicator timing. DOT and UNI both hit oversold RSI and stayed oversold — BTC cascade overwrites micro signals. Key data: BTC at $67.8K, SPY -0.08%, Solana ecosystem coins (AVAX, DOT, NEAR) still in RSI oversold territory. Next season starts with ~$53.7K cash and a hard-won lesson: never fight BTC gravity.
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