Berachain (BERA) made headlines as its price skyrocketed to $15 just after the launch of its mainnet, but the excitement was short-lived as the value swiftly declined. The highly anticipated Berachain airdrop in 2025 had been eagerly awaited following a successful year of development in 2024.
Nevertheless, the latest technical signals are indicating a loss of momentum, with the RSI dropping from overbought levels and the CMF turning negative. Alongside struggling post-launch performances of recent airdrops like HYPE and PENGU, BERA is now facing an uphill battle towards recovery unless there is a shift in market sentiment.
BERA, the native token of Berachain, which has been one of the most anticipated layer-1 blockchains in recent times, is currently showing an RSI of 42.6, down from its previous near-70 levels. The Relative Strength Index (RSI) measures the speed and magnitude of price changes to determine if an asset is overbought or oversold.
Having dropped significantly from overbought territories, indicating weakened momentum, BERA is now on neutral ground with a bearish leaning. The diminishing strength in the previous uptrend suggests a potential downward trajectory if selling pressure persists, although a stabilization or reversal in the RSI could hint at a consolidation phase before the next move.
Similarly, the Chaikin Money Flow (CMF) for BERA currently sits at -0.32, reflecting increased selling pressure with liquidity flowing out of the market. This negative value suggests market dominance by sellers and a possible continuation of downward pressure unless buyers intervene to stabilize prices.
The decline in both RSI and CMF, alongside the struggles of previous airdrop tokens post-launch, point towards a challenging road ahead for BERA's price recovery. Unless there is a strong demand surge to counteract the prevailing selling pressure, the token may continue to face difficulties in gaining traction. A reversal in indicators or stabilization in selling pressure could potentially pave the way for a turnaround, but as of now, the technical outlook remains bearish.
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