man, the leveraged etf market went absolutely wild yesterday, especially with those south korean ones. it really felt like the air just got sucked right out of that ai narrative, didn't it?
the 3x long south korea etf, $KORU, which is listed over here in the us, just got completely wrecked. we're talking a brutal 42% nosedive in a single session. ngl, that's pretty spicy even for these instruments.
and get this, $KORU has basically lost over half its value in just three trading days. ser, that's some serious pain for anyone caught holding the bag. feels like monday's gonna be a real show in seoul for
$BTC and
$ETH too, given the broader market vibes.
it's wild how folks keep piling into these super-hyped themes, retail and big money alike, without learning from past cycles. fomo's a helluva drug, especially when things get parabolic. almost makes you wonder if they even look at the charts sometimes.
#leveragedetf #aibubble #marketcrash #degen #southkorea