Proprietary Bitcoin instruments, on-chain, macro, positioning and rotation, on one scale and run through rules I publish, bad years included. Measurements you can check. Verdicts you make yourself.
You read ten analysts and end the day with ten opinions. None of them is a rule. So the money sits, and the move happens without you.
MVRV here, funding there, a macro chart somewhere else. Each one is right on its own. Together they say nothing, because nobody put them on the same scale.
Everyone shows you the curve that went up. Nobody shows the drawdown, the bad year, the signal that failed. So you can't trust any of it, and you shouldn't.
One more opinion won't fix this. Instruments on one scale, and a rule, will.
Every decision you make comes down to four questions. The Terminal has one engine per question, each on the same scale as the others, so the answers add up instead of arguing. Pick a question.


A login gives you the current regime read and the free engines. You see what the system says this week, every week, at zero cost. That is deliberate: a terminal you haven't read yet isn't worth paying for.
Valuation, regime, positioning and rotation with their live signals and the rules written down. What I use to decide is what you see. New engines ship into PRO as they pass validation.
My systems do not avoid losing. They avoid the loss you never recover from. Regime filters, rotation and a cash rule cut the left tail of the distribution, and I publish the years they performed badly next to the years they didn't.
That is the whole promise. You can see exactly when the rules were wrong, what they did about it, and decide for yourself whether that is a system you would run money through. The live track record is inside the Terminal, where it updates on its own.
Past performance does not predict future results. These systems performed poorly in some regimes and will again. Nothing here is financial advice.
Your email is your login. You get the current regime read and the free engines the moment you're in.
Open it whenever you're about to decide. If the system disagrees with you, that is exactly the moment it pays for itself.
When you need the valuation and rotation engines with their live signals, go PRO. Not before. The free layer exists so you can judge the system first.
The four engines, live. Free layer with the regime read and the free engines, PRO for the full stack.
The read of the week on Substack: the models, the levels and my positioning, for paid subscribers.
Small cohorts. I teach the system, you build your own criteria. Terminal PRO included for the year. Next cohort announced to subscribers first.
The individual indicators behind the engines, sold one by one, for the analyst who wants a specific instrument without the full terminal. Subscribers hear first.
LEONARDO RUGA · @RugaResearchI'm Leonardo Ruga, a Brazilian on-chain and quantitative analyst. I build the engines that run the RR Terminal and I write the weekly report from what they say. I don't tell you where Bitcoin is going. I show you what is being measured, how the rules respond, and where they have been wrong.