$SOXS Current 44.35, up 1.697% in the past 24 hours. As a 3x short semiconductor ETF, the political landscape is the main driver. Funding rate is 0, with a position size of 307,000 shares. The market is waiting for policy signals, and there are no extreme bullish/bearish bets.
My view is that the shorts are testing the waters, but they haven’t gone all in. Every time the U.S.-China chip game tightens by one notch, SOXS’ theoretical support increases by another notch. The current rise is expectation trading, not fundamentals.
A simple countercheck: the funding rate is 0, which means there’s no panic-driven shorting.
Trading tag: #TradFi #链上美股 #SOXS
Where do you think this thesis is most likely to be wrong?
My view is that the shorts are testing the waters, but they haven’t gone all in. Every time the U.S.-China chip game tightens by one notch, SOXS’ theoretical support increases by another notch. The current rise is expectation trading, not fundamentals.
A simple countercheck: the funding rate is 0, which means there’s no panic-driven shorting.
Trading tag: #TradFi #链上美股 #SOXS
Where do you think this thesis is most likely to be wrong?