What’s Next For Berachain (BERA) Price After the 74% Explosion?

Berachain (BERA) price saw a sharp rally, surging nearly 210% at its peak, primarily caused by an extreme short squeeze indicated by funding rates dropping as low as negative 5,900%.

However, on-chain analysis suggests this rally lacked sustained capital support. The Chaikin Money Flow (CMF) remained below zero during the surge, signaling net outflows, and a bearish divergence formed where price made a higher high while CMF made a lower high, often preceding a correction.

Traders are warned of elevated risk as leveraged long positions are vulnerable, with a significant liquidation cluster noted just above $0.620. If BERA breaks below $0.795 support, it could fall toward $0.620, potentially triggering liquidations and extending losses to $0.438; conversely, holding $0.795 could lead to a rebound toward $1.077.

(Source：BeInCrypto)