$LDO 24h fell 8.971%, with the buy-sell activity ratio over the past 1 hour at 0.524—sell orders are close to twice the size of buy orders. The price at 0.4434 is hovering just above the 24h low of 0.4351, and the down-pressure hasn’t stopped!
But the 1-hour trading value is only 0.42 times the 24h hourly average. Open positions increased slightly by 0.19% to 18.13 million. Fees are up by +0.0059%, with longs paying a bit more in costs: volume is shrinking while prices drift lower, with no new big short pressure moving in—more like longs are slowly offloading their positions.
If it doesn’t reclaim 0.4454 from 1 hour ago, a bearish interpretation holds; reclaiming the 24h high of 0.4914 would invalidate that view.
#LDO
But the 1-hour trading value is only 0.42 times the 24h hourly average. Open positions increased slightly by 0.19% to 18.13 million. Fees are up by +0.0059%, with longs paying a bit more in costs: volume is shrinking while prices drift lower, with no new big short pressure moving in—more like longs are slowly offloading their positions.
If it doesn’t reclaim 0.4454 from 1 hour ago, a bearish interpretation holds; reclaiming the 24h high of 0.4914 would invalidate that view.
#LDO
