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DEXE rebounded ~25% after a major crash, but the market is still not fully stable.
👉 Dropped ~90% from $40+ to <$4 → massive deleveraging
👉 Open Interest fell from ~$100M to ~$20M (≈80% drop) → leverage flushed out
📊 Funding Rate was deeply negative → now normalizing (panic easing)
📈 Spot buyers are accumulating → real demand returning
⚠️ Recovery is underway, but caution remains — the market is gradually finding balance
$DEXE