Leveraged ETFs are really testing the limits of heart rate these days. TSMX, KPDD, TSLG—these 2x long ETFs, along with TSMC, Pinduoduo, and Tesla—are all pulling back. The two Bitcoin ETFs (BTCL, BITX) are deep in the red with wild swings. Holding on risks further drops, but staying in cash risks missing a sudden AI or BTC rally. Now, funds are even flowing 'against the tide' into BITX—a leap of faith I can't help but admire. As a retail investor like me, I'd rather sit back and watch the show for now.
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