在過去一周中，Berachain [Bera]的表現令人印象深刻，記錄了24％的集會。

但是，隨著資產開始下降，過去24小時的趨勢逆轉，損失了2.18％。這種資本飛行通常反映了信任下降

Berachain [BERA] had a notably impressive performance over the past week, recording a 24% rally. However, the trend reversed in the past 24 hours as the asset began to decline, losing 2.18%.

在過去一周中，Berachain [Bera]的表現令人印象深刻，記錄了24％的集會。但是，隨著資產開始下降，過去24小時的趨勢逆轉，損失了2.18％。

This pullback coincides with worsening sentiment and fading liquidity—two factors that continue to weigh heavily on BERA’s price trajectory.

這種回調與情緒惡化和流動性的惡化相吻合，這兩個因素繼續嚴重影響Bera的價格軌跡。

LIQUIDITY OUTFLOWS REMAIN HIGH

流動性流出仍然很高

There has been a notable surge in the amount of liquidity withdrawn from Berachain and its protocols.

從Berachain及其協議中撤出的流動性量顯著激增。

As a result, Berachain witnessed one of its most significant sell-offs.

結果，Berachain目睹了其最重要的拋售之一。

During this period, TVL dropped 22%, falling from $2.099 billion to $1.634 billion, indicating that $465 million worth of BERA has been sold.

在此期間，TVL下降了22％，從209.9億美元降至16.34億美元，這表明已出售了4.65億美元的BERA。

This level of capital flight often reflects declining trust, especially when paired with falling participation across protocols.

這種資本飛行水平通常反映出信任的下降，尤其是當跨協議中的參與下降時。

Moreover, Bridged Netflow recorded a $75 million outflow. Funds moved out of Berachain hint at reduced developer deployment and waning cross-chain interest.

此外，橋接的Netflow記錄了7500萬美元的流出。資金從Berachain提出的提示是減少開發商部署和跨鏈興趣的提示。

BERA LOSES A SIGNIFICANT PORTION OF INVESTORS

貝拉失去了很大一部分的投資者

BERA’s investor base shrank dramatically, as Daily Active Addresses dropped sharply.

隨著每日活躍地址急劇下降，貝拉的投資者基礎急劇縮小。

So far, over 18,600 investors have exited, with Active Addresses falling from 55,900 on the 7th of May to 37,600.

到目前為止，已退出了18,600多名投資者，主動地址從5月7日的55,900降至37,600。

However, not all remaining users have gone quiet. Daily Transactions still hover around 1.5 million, signaling persistent short-term activity.

但是，並非其餘的用戶都變得安靜了。每日交易仍懸停在150萬左右，信號持續的短期活動。

That said, the ongoing price decline suggests this cohort is gradually reducing exposure to BERA.

也就是說，持續的價格下跌表明，這種隊列正在逐漸減少對Bera的接觸。

If this trend of investors exiting or significantly cutting holdings continues, the price could face sustained downward pressure.

如果這種投資者退出或大量削減持股的趨勢仍在繼續，那麼價格可能會面臨持續的向下壓力。

ACTIVITY AND DEMAND REMAIN LOW

活動和需求仍然很低

The lack of market interest in BERA is evident in the drop in Stablecoin Inflows and DEX Trading Volume.

貝拉（Bera）缺乏市場興趣在Stablecoin流入和DEX交易量的下降中很明顯。

In the past 7 days, Stablecoin Inflows into Berachain fell 36.32%, declining to $322.38 million. This sharp drop confirms weakening demand and reduced on-chain activity within the ecosystem.

在過去的7天中，斯塔貝幣流入貝拉辛下降了36.32％，下降到3.2238億美元。這種尖銳的下降證實了需求減弱並減少了生態系統內的鏈上活性。

On top of that, DEX Volume has tumbled to $66.2 million—a notable low for the protocol.

最重要的是，DEX量已跌至6620萬美元，這對於該協議來說是顯而易見的。

Low DEX trading activity indicates minimal interaction and usage and that many investors have likely sold and exited the market.

DEX交易活動低表明互動和使用最少，許多投資者可能已經出售並退出了市場。

If these activity levels continue to decline, BERA’s price is likely to suffer further, potentially reaching new lows.

如果這些活動水平繼續下降，貝拉的價格可能會進一步損失，可能會達到新的低點。