ronlord pfp
ronlord

@ronlordd.base.eth

$LDO Follow-up šŸ“Š On-chain insights – TVL ~$32.65B, the largest ETH liquid staking platform globally, with 24h revenue of $283K ($6M/7d). – Whales and smart money continue accumulating around $1.05–$1.10, showing conviction in the ETH staking narrative. – Metrics like active addresses and positive netflows (IntoTheBlock) continue to show recovery signals. šŸ”„ Narrative – As ETH gains mainstream acceptance (spot ETFs, stablecoin bills), ETH staking demand will grow, directly benefiting Lido. – Integrations across multiple chains (Solana, Polygon, etc.) and new staking modules increase stETH utility, strengthening the liquid staking model. šŸ“ˆ Technical analysis – Strong support: $1.05–$1.10 | Pivot: $1.08–$1.10 | Near resistance: $1.20–$1.25. – Mid-term RSI around 50, neutral. Volume stable around ~$350M – not overheated but steady. – A breakout above $1.20 with strong volume could target $1.30–$1.35 short-term, with a longer-term potential to retest $1.50+.
0 reply
0 recast
1 reaction