Doing worse than the market
The total crypto market is −3.8% in 24 hours. SOXLB is −20%, 16% worse than the market, so part of the move is specific to Semicon Bull 3X ETF (bStocks Tokenized ETF).
Why is the crypto market moving? →Semicon Bull 3X ETF (bStocks Tokenized ETF) (SOXLB) is down 20% in the last 24 hours, trading at $81.83. That is 16% worse than the whole crypto market (−3.8%), so part of the move is specific to Semicon Bull 3X ETF (bStocks Tokenized ETF). Bitcoin, which it partly follows, is −4.2%.
Strongest signals first.
The total crypto market is −3.8% in 24 hours. SOXLB is −20%, 16% worse than the market, so part of the move is specific to Semicon Bull 3X ETF (bStocks Tokenized ETF).
Why is the crypto market moving? →Over the last 30 days, SOXLB's daily moves had a 0.70 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.2% today.
Bitcoin price →SOXLB dipped below its 7-day range (low $83.32).
SOXLB is −0.1% this week and −45% over 30 days, so today's move continues the monthly trend.
Volume is close to its 30-day average (1.7×), so there is no rush of buyers or sellers today.
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →See whether leveraged traders are being forced out of SOXLB positions right now, on the chart, in the Blockdeck app.
See VIP layers →Live price, candles, stats and market data
Think SOXLB turns up?Call it in Daily Calls and get scored in 24 hours
If you had bought SOXLBWhat a past purchase is worth today
Why is crypto moving today?The whole market, sectors and biggest movers
Semicon Bull 3X ETF (bStocks Tokenized ETF) (SOXLB) is down 20% in the last 24 hours, trading at $81.83. That is 16% worse than the whole crypto market (−3.8%), so part of the move is specific to Semicon Bull 3X ETF (bStocks Tokenized ETF). Bitcoin, which it partly follows, is −4.2%.
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: SOXLB is −0.12% over 7 days and −44.58% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
From measured market data, refreshed every few minutes: the whole market's move, SOXLB's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.