$SOXL Open interest surged 9.32% in a single day, while the price fell 2%—that’s not a divergence; it’s whales dumping into good news. You think it can’t fall any further, but the bulls are barely holding above 140. The funding rate has even turned negative—nobody’s willing to pay to stay long, which shows the entire rebound is an illusion. I’m done second-guessing it: place a short at 141.50, with a first target of 135.80, a second target of 132.50, and a stop-loss at 148.50. With the market playing out like this, it’s practically a funeral for anyone chasing longs.