What’s Next For Berachain (BERA) Price After the 74% Explosion?
Berachain price stunned the crypto market after a sudden and sharp rally. BERA surged nearly 210% during Wednesday’s intraday high before pulling back.
The explosive move triggered widespread interest, yet on-chain data suggests the rally was largely speculation-driven rather than supported by sustained capital inflows.
What Caused the BERA Price To Rally?The primary catalyst behind the BERA rally appears to be a major short squeeze. Funding rates fluctuated violently as bearish traders were caught off guard. Reports showed funding falling as low as negative 5,900%, signaling an extreme imbalance in derivatives positioning.
BERA +130% today out of nowhere
Funding is a casual -5,900% pic.twitter.com/cNLWJnZhVA