BERA rebounds to $1, DEX activity surges—what does this imply?

【Crypto World】Berachain ecosystem has been gaining some heat recently. The BERA token price rebounded by approximately 10.9%, regaining the $1 mark, and on-chain data has been heating up across the board, providing strong support for this rebound.

Daily DEX trading volume surged to $17.9 million, with weekly growth exceeding 178%, indicating a significant jump in trading activity. What can we infer from this surge in trading enthusiasm? The rebound from the lowest demand zone of $0.545 to the current level signals a structural shift. Currently, the price is approaching a key resistance level at $1.065—this hurdle is crucial. Once broken, the market could target the $2.00 level.

The technical indicators are also supporting this view. Momentum indicators are strengthening, and notably, open interest has soared by 17.7%, reaching the $96.2 million level. What does this reflect? A clear increase in leverage effect, with large funds participating through futures, and the presence of whales becoming more evident.

However, there are also concerns. If the price continues to rise, the dense liquidity of shorts between $1.02 and $1.05 could become “disruptors,” potentially triggering more intense volatility. Therefore, while the short-term outlook is positive, attention should be paid to the interactions within this price range.