Lido’s buyback mechanism has stalled: two months after launch, zero buybacks, with the cumulative amount at negative $560,000.
My takeaway: Even when the news is positive, I’m more concerned about whether there’s strong support on a pullback.
I’ve lost money chasing news before, so these days I take a step back whenever I come across something like this.
$ETH

Just jotting down my thoughts. Make your own decisions about buying and selling.