$SOXL plunged from 78 to 59—the one-way trend is now underway, and short sellers are set to keep making a fortune!
Hey everyone, this is a structural collapse driven by panic across the sector!
News: three blows, each one a bullseye:
First, the election results are in, and approvals for AI data centers look set to tighten. SOXL has been hit hardest in the semiconductor sector.
Second, even Nvidia’s strong earnings can’t lift the broader market, signaling that momentum has run out and growth in AI infrastructure is peaking.
Third, the nastiest blow is leveraged decay! 3x ETFs reset daily. Holding one through a choppy decline is like being slowly sliced by a dull knife—time is definitely on the bears’ side!
Technicals:
Once key support at 65.52 broke, it became a hard ceiling overhead. 59.73 below is the last line of defense! If it breaks on heavy volume, stop-loss orders and liquidation orders below will be swept away together, sending it into a “sliding vacuum zone” with no buyers to catch it.
If you’re still sitting on the sidelines, there’s no need to hesitate—the rebound today is an entry opportunity!
Zhuque’s recommendation:
Ticker: SOXL
Direction: Short
Enter at the current price; add at 65.5

Target: 55.0——50.0
The risk/reward ratio is incredibly attractive: #SOXL #美国10年期国债收益率跌至4.845%