$BERA
I’ve been watching Berachain (BERA) like a hawk today. After months of everyone calling it a "struggling L1," it just pulled off one of the most violent reversals I've seen in 2026. It surged over 80% to hit $1.04 earlier today.
Here is what I’m seeing:
🟢 Why it Ripped (The Good News)
To me, this was the ultimate "sell the rumor, buy the news" event. Everyone was terrified of the February 6th token unlock (which was a massive 41% of the supply), but the dump never happened.
Instead, we got a massive short squeeze. Since so many people were betting against it, they got forced to buy back their positions once the price didn't crash. Plus, a major "refund risk" from a big investor (Brevan Howard) just expired, which removed a huge cloud of uncertainty. I also really like the new "Bera Builds Businesses" strategy, they’re moving away from just printing tokens and focusing on 3–5 apps that actually make real money for the network.
🔴 What Worries Me (The Technicals)
But I have to be careful. A 150% jump in two days is extreme. My indicators are showing the price is starting to reject a "descending trendline," and the momentum on the MACD is already starting to cool off from the peak.
I also noticed that the trading is very "concentrated." This move was driven by a small number of big players and short liquidations, rather than a massive wave of new retail buyers. When the squeeze ends, the price could drop just as fast as it went up.
My Plan:
I’m a long-term believer in the Berachain "Proof of Liquidity" model, but I am not chasing this pump at $1.00+. I’m going to wait for the price to settle and see if it can flip the $0.82 - $0.85 area into solid support. If it holds there, I'll look for a safer entry.