$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ If you bought at the peak, you’ll never get back to even in the long term

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ What’s going on—someone’s dumping the market

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
I’m quite puzzled by the current price action—what do you all think?
The current price action shows three layers of order walls between 199 and 200. Even if they are breached, these walls tend to rebuild. Additionally, there is strong support near 197, which isn't passively formed by order walls. This all suggests the current price level is well-supported.
When the price drops near 197, there is strong aggressive buying. However, oddly enough, no buy orders larger than 500 lots can be detected participating in this support around 197. This could mean either massive retail buying on dips or institutional players propping up the market with a flood of small orders.
At around 10:25 AM, approximately 114K in net aggressive selling heavily pressured the market, but it was entirely absorbed at 197. Based on this, I lean toward the view that the support at 197 stems from institutional activity—retail traders likely wouldn’t have such capacity.
Further analysis of the failed breakdown attempt at 12:40 PM:
The relative strength of aggressive buying and selling shows that sellers had overwhelming power at the 198 price level. However, the candle ultimately closed at 198.23, above the seller-dominated level, suggesting that buyers had sufficient passive orders to absorb the selling pressure.
What do you all think about this situation?
However, despite such strong bullish momentum, the stock's upward movement was very weak. In the three subsequent rallies, I couldn't detect any buy orders exceeding 500 lots, while D...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Remember, big opportunities come at most once a year

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
I can't see the Delta right now, but I can roughly subtract aggressive sells from aggressive buys to derive a relative volume indicator. During the recent spike and pullback, there was distribution exceeding 4 million lots. That's a very dangerous signal—distribution may be nearing its final stage.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Sticking with it for 10 minutes counts as success

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Won't turn back unless it drops 30% today

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ The rally is setting up for an even sharper decline

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It can't rally anymore—this is disastrous; after the rebound, it's going to drop again

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It's over