Jonathan Ho

Investment Research & Portfolio

Hi, I'm
Jonathan Ho

I am passionate about economics, finance and technology — and how they converge in digital asset markets. As a crypto researcher and CAIA charterholder, I use onchain data, quantitative methods, and macro analysis to understand these markets and publish the findings.

How I Think About Markets

Research Philosophy

I operate at the intersection of macro analysis and onchain data. My process is systematic: begin with daily observation of global macro conditions — central bank policy, geopolitical developments, liquidity dynamics — alongside crypto-native signals like exchange flows, sector rotation, and volatility regimes. From this surface area, I form specific, testable hypotheses: How is this macro regime reshaping BTC's risk profile? Is the BTC-gold relationship breaking structurally, or simply regime-shifting? Each thesis is validated or rejected with data, and the findings are published. I then continue monitoring and backtesting as conditions evolve — refining the framework and compounding insight over time.

1

Monitor

Track global macro and crypto markets daily — rate cycles, geopolitics, onchain flows

2

Hypothesize

Form specific, testable theses — e.g. BTC under new macro regimes, BTC-gold dynamics

3

Test

Gather data, run backtests, and validate or reject the hypothesis empirically

4

Write & Track

Document findings, publish, and continue monitoring to refine the thesis over time

Published Writings

Research Library

Investment thesis, market analysis, and technology insights

Quantitative Research

Projects & Backtests

Systematic strategies and data analysis — open source on GitHub

Get in Touch

Contact

Based in Hong Kong. Open to research and investment roles.