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$BERA LAYER 1 SHOWDOWN: THE WEAKEST IN THE GROUP ON A DAY OF HACKS
Mercado Bitcoin, Brazil’s largest exchange, confirmed a hack worth around $40M, and on top of that, transfers were seen in its wallets after the announcement. To me, when confidence in exchanges wavers, the market doesn’t sell everything equally: it lets go of the weakest in each group first, and today, in Layer 1, that’s BERA.
Here’s the detail no one is noticing:
→ Mercado Bitcoin lost around $40M across 10 blockchains, and only $11M was frozen with help from Tether, Circle, and Chainalysis, while its wallets kept moving after the announcement.
→ BERA -1.5% at $3.4M, falling while SUI (+2.6%) rises and APT (-0.7%) holds up better among Layer 1s: it’s the weakest in its group.
→ Entry $0.12810–$0.12872, SL $0.12910, TP1 $0.12704 (-1.1%) → TP2 $0.12611 (-1.8%).
Do you see BERA losing $0.12611 or holding above $0.12704? 👇
$BERA SUI APT
#Berachain #Capa1 #Crypto