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$112 million flows into Berachain, but why is Bera still bearish?

Berachain received significant liquidity inflows, leading to a total of $112.8 million. However, BERA’s price decline is accompanied by intense selling pressure, resulting in a drop in Total Value Locked from $3.495 billion to $3.187 billion.

Short traders are dominating the market, reflected in a negative funding rate. The BERA’s price has potential support at $5.538, with targets of $7.20 and $8.89 if bullish trends emerge.

This is community-generated content, not advice from ONUS.
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