why / soxlb

Why is Semicon Bull 3X ETF (bStocks Tokenized ETF) down today?

−19.68% 24h
Short answer

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%.

· from live market data
SOXLB 24h−19.68%
Whole market 24h−3.81%
Bitcoin 24h−4.20%
Link to BTC (30d)0.70
Volume vs normal1.7×
signals

What is moving Semicon Bull 3X ETF (bStocks Tokenized ETF)

Strongest signals first.

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? →

Partly follows Bitcoin

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 →

Lowest price this week

SOXLB dipped below its 7-day range (low $83.32).

Weak month

SOXLB is −0.1% this week and −45% over 30 days, so today's move continues the monthly trend.

Normal trading volume

Volume is close to its 30-day average (1.7×), so there is no rush of buyers or sellers today.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
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Liquidations, funding and open interest

See whether leveraged traders are being forced out of SOXLB positions right now, on the chart, in the Blockdeck app.

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faq

Questions

Why is Semicon Bull 3X ETF (bStocks Tokenized ETF) down today?

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%.

Will Semicon Bull 3X ETF (bStocks Tokenized ETF) go back up?

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.

How is this explanation made?

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.