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$DEXE 🔥 DEXE dips again! The bearish trend keeps playing out!
We mentioned before that DEXE’s daily chart has no sign of a selloff bottoming out. The rebound isn’t an opportunity—it’s a place where the bears are entering again. Many people see the drop to around 4U and start fantasizing about buying the dip, thinking it’s already down 90%—so it should bounce.
But the market won’t automatically rise just because “it’s fallen a lot.” From the 42U peak down all the way, DEXE has never formed an effective bottom structure.
1. The rebound is weak; the trend hasn’t changed. Every small bounce gets suppressed by fresh sell orders, the highs keep getting lower, which shows that capital hasn’t truly returned.
2. It falls below 4.3U again, and the bears’ room to move keeps opening. The idea that old Lin gave yesterday still stands: wait for the rebound to short, not to go long against the trend. As price continues to move down now, it shows our direction judgment is validated again.
3. Don’t fight the trend with emotions. A lot of people lose money—not because they can’t read charts, but because in a downtrend they always think this should be the bottom. In reality, the true bottom needs capital, structure, and volume/energy to be confirmed together.
Old Lin remains bearish on DEXE for now; it still stays in a bearish trend. A rebound is just another opportunity to short #特朗普同意Clarity法案纳入伦理条款 #BTC突破66000美元