Trading volume was 3.15 times the 7-day average, yet the price plunged 14.72% — $SOXLB is a classic high-volume sell-off. At 109.74, the current price is just 3% up from the bottom of the 24-hour range, having given back 16.1% from the high of 130.83. High volume and a close near the low suggest active selling pressure, not slippage caused by thin liquidity. Over the same period, BTC fell just 1.99%, so this asset underperformed by 12.7 percentage points. I’m watching the 109.01 level: hold it, and this could be a wick; break it, and we may see another leg down. Which side are you betting on?