【See Drop】
LDO is currently at 0.4190; over the past 24 hours it is down 2.94%. In the past 7 days it is still up 17.53%. Intraday range is 0.4179–0.4463, with a swing amplitude of 6.8%.
【Market View】
LDO is down 2.94% over the past 24 hours. It rebounded to around 0.4463 but was pushed back down again, where the density of trapped supply is high.
There are still no signs that the short-term weakness has reversed; selling pressure continues to be released.
Putting LDO’s performance alongside BTC’s +4.28%, LDO’s trend is clearly weaker.
Short-term bias is bearish.
【Bearish Rationale】
The 7-day gain still remains at 17.53%, but the 24-hour performance has flipped to a -2.94% decline—signs of a run-up followed by a pullback have already appeared.
The focus below 0.4463 keeps shifting downward, and there has been no sign of solid, meaningful support yet.
With the bearish setup in place, rebounds are likely to keep failing and repeating—don’t carry an overly heavy position.
Once 0.4179 is broken, it will continue to seek support lower down; rebounds toward 0.4463 face stronger resistance.
$LDO #LDO