Layer 1 · rank #354

Berachain BERA

BERA cycle analysis · chart, confirmed lows and fundamentals

$0.1710+2.1% 1d-28.2% 7d-25.3% 30d

Red List Recovering Falling bearish lean

91.7% below its 365-day high of $2.07 (2025-10-23), +24.3% off the 365-day low. Snapshot 2026-10-21 UTC.

Last 18 months, log scale
0.14161.128.812025-022025-122026-10high 2.07low 0.1376
Where it stands

On the Red List.

92% below its rolling 365-day high, 363 days after the high.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2D

Last bars
2Dr 2Dr 2Dg 2Ug 2Dr
Confirmed low
$0.1376 · 2026-08-31
Position
2 of median 14 (max 14)
Current low
$0.1590 · unconfirmed
Confirms above
$0.2545
Cycle-low confidence
—
Confirmed lows
2

Weekly 2D

Last bars
2Ug 3r 2Dg 3r 2Dg
Confirmed low
$0.1376 · 2026-08-16
Position
10 of median 7 (max 15)
Current low
$0.1590 · unconfirmed
Confirms above
$0.1747
Cycle-low confidence
25%
Confirmed lows
10

Daily 1

Last bars
2Dr 2Dr 1r 2Dg 1g
Confirmed low
$0.2064 · 2026-10-13 (daily)
Position
8 of median 5.0 (max 17)
Current low
$0.1590 · unconfirmed
Confirms above
$0.1739
Cycle-low confidence
92% · in band
Confirmed lows
109
The full read, in sentences
  • Monthly: forming bar is a red 2-Down. Last confirmed swing low 0.1376 (Aug 2026), month 2 of a cycle that has typically run 14. Current low 0.159 is unconfirmed — it confirms above 0.2545.
  • Weekly: forming bar is a green 2-Down. Last confirmed swing low 0.1376 (Aug 2026), week 10 of a cycle that has typically run 7. Current low 0.159 is unconfirmed — it confirms above 0.1747. Cycle-low confidence 25%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.2064 (2026-10-13), day 8 of a cycle that has typically run 5. Current low 0.159 is unconfirmed — it confirms above 0.1739. Cycle-low confidence 92%.
  • Red List: 92% below the 2025-10-23 high; +24% off the 365-day low.
  • Gauges: Mayer multiple 0.67 (cheap); -98% from the all-time high.

Has Berachain bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the BERA snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.1376 from 2026-08-31. A newer candidate at $0.1590 is unconfirmed; its confirmation level is above $0.2545, provided the candidate low is not undercut first. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.1376 from 2026-08-16. A newer candidate at $0.1590 is unconfirmed; its confirmation level is above $0.1747, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.2064 from 2026-10-13. A newer candidate at $0.1590 is unconfirmed; its confirmation level is above $0.1739, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Berachain below its high?

The Coinbase price snapshot is 91.7% below its rolling 365-day high of $2.07 from 2025-10-23. Separately, CoinGecko reports -98.8% relative to its all-time high of $14.83 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Red List; recovering · Phoenix monthly → Red List; recovering
  2. First observed: Red List; recovering · Phoenix monthly

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health42 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
8.13 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.67 x10.0 / 15
Size (market-cap rank)
survivorship
354 #0 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
3583.1 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
2.37 x12.7 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
-36.9 %1.3 / 10
Age on Coinbase
survived a cycle
1.7 yrs3.4 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$76.0M
Fully diluted
$127.0M
24h volume
$6.2M
Circulating
335,841,503
All-time high
$14.83 · 2025-02-06 (-98.8%)
TVL
$32.0M (chain)
Fees 30d
$1.7K
Revenue 30d
$1.7K
Fees 1y
$62.4K
Mayer multiple
0.673 · cheap
Pi cycle
0.206
On Coinbase since
2025-02-06 (623 bars)
CoinGecko id
berachain-bera

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources