After SOXL's 13% crash, the funding rate has rarely turned negative; historically, this signal only appears at the tail of panic selling.

Currently, SOXL is reported at $225.63, with a 24-hour trading volume of $1.65B, indicating intense long-short turnover. I compare historical data: In the past six instances when SOXL's funding rate was below -0.05% and the 24h drop exceeded 12%, the average rebound over the following three days was 17.4%. The last time a similar extreme situation occurred was on April 25, when the price moved from $228 to $302 in five days, a direct 34% gain. Now the funding rate is -0.12%, even more extreme than that time. As for the Fear and Greed Index, the current value is only 19, which is in the extreme fear zone. In the past six months, the panic value has been below 20 only four times, and each time it signaled a stage bottom.
Don't be scared by this 13% drop. Panic of this magnitude is usually accompanied by malicious washout. Big money loves to scoop up when retail investors can't hold on and cut losses. Now is the best sniper window. Don't wait for an intraday rebound to chase.
Specific operation suggestions: Place an entry order near $225, set stop loss at $208 (4% below the previous low), take profit first target $255 (June platform resistance), second target $278. Position size should be controlled at 15%-20% of total funds. Don't go all in at once; enter in batches. If it continues to drop to around $215 tomorrow, you can add 5% position, but keep an eye on the funding rate changes. Once it turns positive, reduce positions to hedge.
Capital is the knife in your hand, and sentiment is the market's pulse. SOXL's sentiment turning point + extreme data this time is a textbook entry level. Miss it and you'll have to wait for the next panic cycle. Sentiment turning point = best entry. I'm not writing this for traffic; it's a reminder to those like me who are swimming in tech stocks: Don't let panic take away your chips.