Lido Staked Ether (STETH) is currently priced at $2,772.51, reflecting a significant decline of 7.81% over the past 24 hours. The asset's recent trading range has been between $2,761.12 and $3,025.13, indicating high volatility with a daily range of 264.01%.

The trading volume for STETH stands at approximately 28,103,190, resulting in a volume-to-market cap ratio of 0.11%, which suggests low liquidity relative to its market capitalization. The hourly moving averages indicate a bearish trend, with the 8 SMA at $2,882.50 down 3.82%, while longer-term averages continue to decline, highlighting persistent selling pressure.

The Relative Strength Index (RSI) shows an extremely low reading of 12 for the hourly chart, indicating potential oversold conditions in the short term. Conversely, the 7-day RSI at 44 suggests that while the asset is approaching neutral territory, it remains below the typical threshold of 50, supporting a bearish outlook.

Over the past week, STETH has declined by 5.57%, with a more pronounced drop of 15.61% over the last 14 days and 6.54% over the past month. This consistent downtrend raises concerns about the asset's ability to recover in the near term, especially given its all-time high of $4,932.89 achieved on August 24, 2025, which highlights the stark contrast in performance.

In summary, the current technical indicators and price movements suggest that STETH is experiencing significant downward pressure with weak momentum. Given the lack of strong bullish signals and the overall bearish trend, a Sell rating is warranted for STETH at this time, as further downside risk appears likely in the short to medium term.