The selloff across AI infrastructure has been relentless, and $WGMI offers a particularly interesting perspective on what's unfolding. Its 5 largest holdings $CIFR , $NBIS , $CRWV , $HUT, and $KEEL represent ~40% of the fund. What we've witnessed over the past several weeks has felt like a controlled demolition of sentiment. Aggressive selling, deteriorating technicals, and mounting concerns over financing and capital intensity have pushed investors toward capitulation. But zoom out and look at what price has actually accomplished. Despite the extraordinary volatility, $WGMI has essentially retraced to the neckline of the multi-year accumulation structure from which it broke out in 2025. And look at the corrective structure that has developed. We appear to be forming an expanded flat correction, with the B-wave exceeding the prior high before the C-wave brought price back toward the original breakout region. That has also created a potential bullish megaphone formation, characterized by expanding price swings around an otherwise constructive longer-term structure. $30 is the macro breakout neckline and a level where I'd want to see buyers establish meaningful support. If it fails, I'd be watching ~$24 at the 0.887 fib. Neither outcome would necessarily invalidate the LT investment thesis. I've also overlaid a fractal from the 2022 bottom to illustrate one potential trajectory over the next 1–2 years. It's not a path I'm suggesting will replicate. It's an illustration of how a prolonged accumulation and corrective structure can eventually transition into another powerful advance. Companies throughout this ecosystem are increasingly converting power access into long-duration compute infrastructure contracts. The opportunity is becoming more tangible, but so are the capital requirements, financing risks, and execution challenges. Markets are now repricing those risks aggressively in a higher-yield environment. The question is whether that repricing has already gone far enough to create attractive asymmetry for investors willing to look beyond the next several quarters. Personally, I think we're approaching that territory. It's difficult to look at the fear, liquidation, and deterioration in sentiment without seeing similarities to April 2025, when several stocks lost important technical levels before subsequently staging extraordinary recoveries. If the secular opportunity in AI and digital power infrastructure is as significant as I believe it is, these are precisely the types of corrections investors should be preparing for, not running away from. @cantonmeow @CrypticTrades_ @Freedom_By_40 @chad_ventures @Fibonacci_TA