https://farcaster.xyz/ronbinhod
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$LDO Follow-up ๐ On-chain insights โ TVL ~$32.65B, the largest ETH liquid staking platform globally, with 24h revenue of $283K ($6M/7d). โ Whales and smart money continue accumulating around $1.05โ$1.10, showing conviction in the ETH staking narrative. โ Metrics like active addresses and positive netflows (IntoTheBlock) continue to show recovery signals. ๐ฅ Narrative โ As ETH gains mainstream acceptance (spot ETFs, stablecoin bills), ETH staking demand will grow, directly benefiting Lido. โ Integrations across multiple chains (Solana, Polygon, etc.) and new staking modules increase stETH utility, strengthening the liquid staking model. ๐ Technical analysis โ Strong support: $1.05โ$1.10 | Pivot: $1.08โ$1.10 | Near resistance: $1.20โ$1.25. โ Mid-term RSI around 50, neutral. Volume stable around ~$350M โ not overheated but steady. โ A breakout above $1.20 with strong volume could target $1.30โ$1.35 short-term, with a longer-term potential to retest $1.50+.
today is a good day to bridge to @base.base.eth
to da moon @zora
This morning I looked at the market and I saw $BTC broke through $98,000, oh shit ๐ญ๐