Lido Staked Ether (STETH) is currently priced at $3,119.20, reflecting a 24-hour decline of 2.09%. The asset has experienced a daily trading range of $138.54, with a high of $3,215.68 and a low of $3,077.14, indicating volatility in the current market.

Trading volume stands at approximately $62.2 million, with a volume-to-market cap ratio of 0.23%. The short-term moving averages reveal a bearish trend, as the 8, 13, and 21 SMAs show declines of 1.22%, 0.98%, and 1.37%, respectively, while the 55 SMA is marginally down by 0.39%, suggesting ongoing selling pressure.

The 1-hour Relative Strength Index (RSI) at 39 indicates that STETH is approaching oversold territory, which could signal a potential price reversal. Conversely, the 7-day RSI of 53 suggests a more neutral stance, reflecting mixed sentiment among traders over the past week.

In terms of price trends, STETH has increased by 2.19% over the last week, while it gained 16.56% over the last 14 days, indicating some bullish momentum in the medium term. However, the 30-day price change of -5.59% highlights recent weaknesses, warranting caution among investors.

With an all-time high of $4,932.89 reached in August 2025, STETH still has substantial upside potential, yet it currently faces resistance at lower price levels. The current technical indicators and price action suggest that unless a reversal occurs, the asset may continue to experience downward pressure.

Given the current market dynamics, including the bearish moving averages and the oversold RSI, a Hold rating is appropriate for STETH. This allows investors to monitor for signs of recovery while avoiding potential losses in a declining market.