Caldera ($ERA ) has fallen by 1.25% in the last 24 hours, which is worse than the overall crypto market (-0.9%). Main reasons:
Technical weakness – the price is below key moving averages, RSI shows oversold conditions.
Market rotation – Bitcoin's dominance has increased to 57.47%, which reduces the liquidity of altcoins, including ERA.
Weakening of partnership effects – collaboration with Mawari (August 15) did not support growth.
The decline of $ERA is associated with technical difficulties and a redistribution of liquidity towards Bitcoin, as well as a decrease in interest in recent partnerships. Although oversold conditions limit further decline in the short term, sustainable recovery requires either a breakout above the $0.89 level or new growth drivers in the ecosystem.