【$BERA Signal】Hold cash + observe after short squeeze and cooling down

$BERA After a single-day surge of 53%, the market is experiencing intense volatility and cooling at high levels. The 4H chart shows a rapid decline from the high of 1.0, with the current price consolidating around 0.80. This is a typical aftereffect of a short squeeze, not a healthy bullish trend continuation.

🎯 Direction: Hold cash

Market analysis: Funding rate is as high as -0.48%, indicating a strong short squeeze signal, suggesting that bears are being squeezed and paying high costs. However, open interest (OI) trend remains stable and has not increased significantly with the price rise, implying that major players are not continuously entering. RSI(69.17) is near overbought, but RSI often fails during short squeeze scenarios.

Logical core: Depth imbalance (-0.11%) and buy-sell ratio (1.00) show that bullish and bearish forces are temporarily balanced near the current price. The key issue is that the price has moved far away from EMA20(0.6449), and the 4H candlestick shows a long upper shadow (high of 1.3699), indicating significant selling pressure above 1.0. The surge was driven by short covering, not active buying.

The current price is at the 50% Fibonacci retracement level (around 0.80) of the previous rally, but volume is shrinking, and the market is in a wait-and-see mode. In such an environment of extreme negative funding rates, shorting is a contrarian move risking a sudden reversal, while chasing longs faces profit-taking and liquidity vacuum risks after the surge.

Risk management core: No clear logical failure point to set effective stop-losses; profit and loss ratio cannot be calculated. The best strategy is to wait for the market to digest this extreme volatility, form a new structure, and then make a judgment.

Trade here: 👇 $BERA

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