在过去一周中，Berachain [Bera]的表现令人印象深刻，记录了24％的集会。

但是，随着资产开始下降，过去24小时的趋势逆转，损失了2.18％。这种资本飞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%.

在过去一周中，Berachain [Bera]的表现令人印象深刻，记录了24％的集会。但是，随着资产开始下降，过去24小时的趋势逆转，损失了2.18％。

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

这种回调与情绪恶化和流动性的恶化相吻合，这两个因素继续严重影响Bera的价格轨迹。

LIQUIDITY OUTFLOWS REMAIN HIGH

流动性流出仍然很高

There has been a notable surge in the amount of liquidity withdrawn from Berachain and its protocols.

从Berachain及其协议中撤出的流动性量显着激增。

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

结果，Berachain目睹了其最重要的抛售之一。

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.

在此期间，TVL下降了22％，从209.9亿美元降至16.34亿美元，这表明已出售了4.65亿美元的BERA。

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

这种资本飞行水平通常反映出信任的下降，尤其是当跨协议中的参与下降时。

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，桥接的Netflow记录了7500万美元的流出。资金从Berachain提出的提示是减少开发商部署和跨链兴趣的提示。

BERA LOSES A SIGNIFICANT PORTION OF INVESTORS

贝拉失去了很大一部分的投资者

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

随着每日活跃地址急剧下降，贝拉的投资者基础急剧缩小。

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

到目前为止，已退出了18,600多名投资者，主动地址从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，并非其余的用户都变得安静了。每日交易仍悬停在150万左右，信号持续的短期活动。

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

也就是说，持续的价格下跌表明，这种队列正在逐渐减少对Bera的接触。

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

如果这种投资者退出或大量削减持股的趋势仍在继续，那么价格可能会面临持续的向下压力。

ACTIVITY AND DEMAND REMAIN LOW

活动和需求仍然很低

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

贝拉（Bera）缺乏市场兴趣在Stablecoin流入和DEX交易量的下降中很明显。

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.

在过去的7天中，斯塔贝币流入贝拉辛下降了36.32％，下降到3.2238亿美元。这种尖锐的下降证实了需求减弱并减少了生态系统内的链上活性。

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6620万美元，这对于该协议来说是显而易见的。

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

DEX交易活动低表明互动和使用最少，许多投资者可能已经出售并退出了市场。

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

如果这些活动水平继续下降，贝拉的价格可能会进一步损失，可能会达到新的低点。