Lido Staked Ether (STETH) is currently trading at $2,973.42, reflecting a slight decline of 0.15% over the past 24 hours. The daily price range has been relatively narrow, with a high of $3,005.30 and a low of $2,947.64, suggesting some consolidation around the current price point.

The volume of STETH traded in the last 24 hours stands at approximately 15,271,837, which indicates a low trading activity relative to its market cap, as evidenced by a volume-to-market cap ratio of just 0.06%. The hourly moving averages show that the short-term trend is slightly bearish, with the 8, 13, and 21 SMA all indicating marginal declines, while the longer-term 144 SMA shows a positive uptick of 1.47%.

The Relative Strength Index (RSI) metrics present a neutral stance, with both the 1-hour RSI at 50 and the 7-day RSI at 51, indicating no immediate overbought or oversold conditions. However, the 7-day and 14-day price changes are negative at -3.61% and -4.48%, respectively, reflecting a recent bearish trend in the market.

Despite the recent declines, STETH has shown a positive price change of 8.03% over the past 30 days, suggesting some resilience in the longer term. The all-time high of $4,932.89 set on August 24, 2025, remains significantly above the current price, indicating potential upside if market conditions improve.

Given the technical indicators showing bearish short-term trends coupled with recent price declines, a cautious approach is warranted. Therefore, the rating for Lido Staked Ether (STETH) is a Hold, as investors may want to wait for clearer bullish signals or a confirmation of support before making further investment decisions.