Convert 5 BERA to USDT today

Despite experiencing a considerable liquidity outflow of 19.4 million USD, BERA’s price surged by 14%. Spot traders have started to buy back BERA, contributing to a total accumulation of 2.8 million USD recently.

While BERA displays strong bullish indications in the derivatives market with a 202.2% increase in open interest, OKX traders demonstrate a bearish sentiment with a long-to-short ratio of 0.76, indicating persistent selling pressure.

Berachain has impressively increased by 37% in price following its mainnet launch, marking its strength in the current market landscape.

Currently priced at 8.131 USD, BERA outperformed notable coins like Avalanche and Arbitrum in Total Value Locked in its DeFi ecosystem.

If bullish momentum continues, BERA could reach resistance levels of 9.350 USD and 12.00 USD. In contrast, bearish trends could lead to declines toward 7.150 USD or even 5.00 USD.

Berachain’s Proof of Liquidity rewards launched successfully, boosting liquidity and causing the BERA token to increase by 14%. This development helps it break into the top 100 cryptocurrencies.

With 37 reward vaults available, validators are now more incentivized, paving the way for growth and governance evolution in Berachain.

Berachain (BERA) consolidates around 6.05 USD after a decline from 7.08 USD. The RSI has improved, indicating a possible bullish turn, but cautious investor sentiment persists with the CMF slightly negative, reflecting weak capital inflows.

Moving averages suggest a bearish trend; however, a breakthrough above 7.14 USD could signal a bullish shift towards higher resistance levels. Failing to gain traction may see BERA test support around 5.78 USD.