$SOXL Soaring 12% to 263, but the greed index is爆表 at 80.7, guess who’s secretly selling off this wave?

Current sentiment indicator: Bitcoin greed and fear index at 80.7 (extreme greed), SOXL funding rate at 0.023% (long positions already costly), 24-hour trading volume at 99.4M, nearly three days’ worth of volume.
Historical comparison: The last time the greed index broke 80 was on March 10th after Bitcoin surged to 72k and then retraced 15%, SOXL at that time with 218% leverage crashed 17%.
Now SOXL jumped 12% in a single day to hit 267.77, and the funding rate shifted from negative 0.004% over two days to positive 0.023%—a typical signal of retail chasing highs, while on-chain data shows large wallets net outflow of 87k shares in the past 4 hours (worth about $230 million).
This market looks very much like the massacre in early March: prices hit new highs, funding turns positive, retail frenzy with big orders, then suddenly a trap.
Don’t rush to buy the dip; extreme greed usually leads to a 3-5 day pullback—Bitcoin lingering between 79.5K and 82K for too long, and SOXL’s low point at 233.5 might be a false support for a rebound in the next day or two.
Trading advice: The current price of 263 is only suitable for reducing positions (within 30%), with a stop loss at 254 (below the 24-hour low), and take profit at 274 (previous high resistance zone).
Want to catch the falling knife? Wait until greed drops below 65 and the funding rate turns negative above 0.005% before re-entering heavily.
Old followers know I called the bottom at 230 last week, and this wave’s profit has been pocketed.
Sentiment turning point = best entry, exit during greed, add positions during panic.
Comment section betting: Will SOXL drop to 250 first tonight or surge to 280?
I’ve bet on a short at 250.