I see many people are still thinking of buying this at the bottom. Let me clarify: ETFs with 3x leverage are only suitable for entry at the end of a bear market, the end of a period of consolidation, the eve of a major upward trend, or when the major upward trend has already begun. A sharp drop like the 1/8 conductor, a significant breakdown, will definitely lead to a long period of consolidation. If you truly have faith in semiconductors, you should invest in SOXX, not SOXL. Because this thing wears down very quickly.