Lido Staked Ether (STETH) is currently priced at $2,934.48, reflecting a slight decline of 0.61% over the last 24 hours. The price remains within a daily range of $27.90, with a high of $2,961.33 and a low of $2,933.43, indicating limited volatility in the current trading session.

Volume for STETH is recorded at 10,765,243, representing only 0.04% of its market cap, which suggests a relatively low trading interest at this price level. Short-term moving averages indicate bearish momentum, with the 8 SMA at $2,947.43 and the 13 SMA at $2,949.87, both down over half a percent.

The RSI metrics indicate oversold conditions; the 1-hour RSI stands at 34, while the 7-day RSI is at 42. This weak momentum correlates with a 7-day price change of -11.43% and a 14-day decline of -5.12%, reflecting persistent bearish sentiment.

The longer-term outlook appears unfavorable as well, with a 30-day price change of -0.66%, which suggests that the asset has struggled to maintain upward momentum. The all-time high of $4,932.89, reached on August 24, 2025, is significantly distant, highlighting the substantial downside potential from current levels.

Given the technical indicators and persistent bearish trends, combined with the low trading volume, it is advisable to hold STETH for now. The lack of strong buying signals and the current oversold conditions imply that a rebound might be possible, but the market sentiment remains weak. Thus, the rating is Hold, awaiting clearer bullish signals before considering a buy.