Dear, ETF leveraged tokens may experience "volatility loss" during oscillations or reverse fluctuations. Even if the underlying asset rises first and then falls back to the original price, the net value may gradually decrease; at the same time, approximately 0.1% management fee is deducted daily from the net value, which can further dilute the principal over the long term. Short-selling products (such as ×S) may suffer from the rebalancing mechanism if the market is not continuously declining but instead fluctuates up and down repeatedly, leading to frequent position reductions and resulting in "the short position not rising, and the principal decreasing." These products are more suitable for short-term one-way trends; they are not advantageous in volatile sideways markets.