$SOXL dropped 11% in the last 24 hours, really dealt a blow to the bulls. The price plunged to around 212, falling sharply, but the funding is firmly pinned at the zero axis with no signs of movement. This is a completely different game from those bulls who are stubbornly holding and paying, indicating that the market's capital is quick to flee when it sees trouble in the US semiconductor sector—no one is sticking around to add to their positions.\n\nRight now, the funding is stagnant, and the OI at 48,000 hasn't shown any significant easing, which means we haven't forced out the panic sellers yet. This kind of slow bleed without explosive volume makes it tough to catch a falling knife, and there's often more downside below.\n\nTrading Tags: #BinanceFutures #TradFi #USDⓈM #SOXL #SOXLUSDT $SOXL