Watching $ERA plunge headfirst has my heart, liver, guts, and lungs all in knots, folks. Woke up this morning to see it had shed 12.40% in 24 hours, down to $0.0664—a real bloodbath, and all I can do is laugh through the pain 💀😭.
On the 1H chart, the price is below MA7 ($0.0688) and MA25 ($0.0698), looking seriously weak. The 1D chart is still holding above MA99, but the 4H and 15M charts are in downtrends. The 15M RSI is deeply oversold at 34.18, while the 4H RSI has fallen to 42.16—there could be a slight bounce, but beware of a dip-buying trap 🤡.
The main pressure comes from the token unlock that just took place on 17/10/2026, which often leads to major volatility afterward. Negative funding (-0.0676%/8h) and a sharp drop in Open Interest (-20.9%) confirm bearish sentiment, with sellers dominating the derivatives market. ERA (Caldera) is seeing profit-taking, underperforming the broader market, and has had no clear positive catalysts over the past week.
So, I’m still STAYING OUT AND WAITING. My confidence level is only 1/5—I don’t dare bet on it. The price zone I’m watching is 0; even if I’m right, the target is still 0. I’ll just keep observing for now. The biggest risk is that volume doesn’t confirm the direction I choose.
On the 1H chart, the price is below MA7 ($0.0688) and MA25 ($0.0698), looking seriously weak. The 1D chart is still holding above MA99, but the 4H and 15M charts are in downtrends. The 15M RSI is deeply oversold at 34.18, while the 4H RSI has fallen to 42.16—there could be a slight bounce, but beware of a dip-buying trap 🤡.
The main pressure comes from the token unlock that just took place on 17/10/2026, which often leads to major volatility afterward. Negative funding (-0.0676%/8h) and a sharp drop in Open Interest (-20.9%) confirm bearish sentiment, with sellers dominating the derivatives market. ERA (Caldera) is seeing profit-taking, underperforming the broader market, and has had no clear positive catalysts over the past week.
So, I’m still STAYING OUT AND WAITING. My confidence level is only 1/5—I don’t dare bet on it. The price zone I’m watching is 0; even if I’m right, the target is still 0. I’ll just keep observing for now. The biggest risk is that volume doesn’t confirm the direction I choose.