Lido Staked Ether (STETH) is currently trading at $3,170.29, exhibiting a minor 24-hour decline of 0.84%. The daily trading range has been relatively narrow, with a high of $3,264.96 and a low of $3,158.88, indicating a volatility of 106.08% over the past day.

The trading volume stands at approximately $29.58 million, reflecting a volume-to-market cap ratio of 0.11%. This suggests a relatively low trading activity compared to its market capitalization, which may indicate caution among traders amid the recent price fluctuations.

Short-term moving averages show a bearish trend, with the 8 SMA at $3,245.92 and a decline of 2.33%. The 13 SMA and 21 SMA also confirm this downtrend, indicating that the price is currently below these average levels, which can act as resistance.

The 1-hour Relative Strength Index (RSI) is at 32, suggesting that STETH may be oversold in the short term. However, the 7-day RSI at 53 indicates a more neutral stance, while the 30-day price change of -9.42% reflects a significant bearish trend over the longer term.

Despite recent volatility, the 7-day and 14-day price changes are positive, at 2.22% and 3.40% respectively, hinting at a potential short-term recovery. Nevertheless, the substantial distance from the all-time high of $4,932.89, achieved on August 24, 2025, signals that the asset is currently underperforming compared to its historical peak.

Given the bearish signals from the moving averages and the oversold condition indicated by the 1-hour RSI, a cautious approach is warranted. Therefore, the recommendation for Lido Staked Ether (STETH) is to Hold at this moment, awaiting clearer bullish signals or a reversal in the short-term trend before considering further investment.