$BERA Currently, many individuals are optimistic about this coin.
Berachain is a high-performance EVM-compatible Layer 1 (L1) blockchain.
The TVL of Berachain's DeFi protocols has surpassed $3.351 billion, with a weekly increase of 15.76%. The top three are Infrared, Kodiak, and BEX.
Reasons for the positive outlook on this coin:
1: Multiple whale addresses have been detected buying and increasing their positions.
2: The TVL of Berachain's DeFi protocols has increased by 15.76% to $3.35 billion this week, indicating active leading projects which directly benefits the demand for BERA.
3: The top three protocols in the ecosystem (Infrared, Kodiak, BEX) are continuously growing, reinforcing BERA's application as a foundational token.
From the current candlestick chart:
The price has been consistently dropping, breaking through the yellow support line (which has now turned into resistance), and it is clear that the bears are in control of the market. A good opportunity to short would be to wait for the price to rebound near the yellow line (for example, around 8.3) or to add to the short position when it breaks to a new low!
Don’t rush to long; unless one day there is a sudden violent surge breaking the downtrend line (for example, a large bullish candle stabilizing above 8.5), only then should one consider bottom fishing for a rebound.
Fans are getting ready to enter the market, and POL has indeed sparked a wave of interest. Such capital protection measures are definitely good for the market, no wonder many institutions and retail investors are starting to pay attention to BERA! The price has already surpassed the first target; I will continue to monitor the subsequent actions of the BERA project team and will follow up on any major news as soon as possible!
Current position is set
Keep up the pace
10,000 USD is not a dream
Today's hot coins: DF SUI TUT TON USDC
