Layer 1 · rank #398

Berachain BERA

$0.1874-1.3% 1d+3.8% 7d+18.6% 30d

Red List Phoenix · weekly · score 72.5 mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 1.50 (Jun 2025). Current low 0.1376 is unconfirmed — it confirms above 0.2173.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.1376 (Aug 2026), week 4 of a cycle that has typically run 7. Cycle-low confidence 24%.
Daily: bar is a red inside bar. Last confirmed swing low 0.1717 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 19%.
Red List: 94% below the 2025-10-03 high; +36% off the 365-day low.
Phoenix: 98% decline over 18 months, weekly swing low confirmed (next-bar), now +36% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.57 (cheap); -98% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

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

stopped falling, by the rules

Score 72.5

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health52 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	13.77 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.68 x	9.9 / 15
Size (market-cap rank) survivorship	398 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	1846.8 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	1.79 x	13.7 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	125.9 %	10.0 / 10
Age on Coinbase survived a cycle	1.6 yrs	3.1 / 10

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