Lido Staked Ether (STETH) is currently priced at $3,186.94, reflecting a 1.39% increase over the past 24 hours. The asset has shown a notable daily range of $84.71, with a high of $3,205.89 and a low of $3,121.18, indicating short-term volatility.

Trading volume stands at 15,248,308, representing a 0.05% share of the market cap. The hourly moving averages suggest upward momentum, with the 55 SMA showing a 2.05% increase, while the 144 SMA indicates a stronger growth of 4.94%, signaling a bullish trend in the near term.

The 1-hour RSI is at 72, suggesting that STETH is approaching overbought territory, which could indicate a potential pullback. Conversely, the 7-day RSI of 63 indicates that the asset is still in a favorable buying range, reinforcing the notion of ongoing upward momentum.

Over the past week, STETH has gained approximately 7.05%, complemented by a 5.87% increase over the last 14 days and a 5.37% rise in the past month. These consistent positive price changes suggest a solid performance in the medium term, enhancing the overall bullish sentiment around the asset.

With the all-time high of $4,932.89 still significantly above the current price, there remains substantial upside potential for STETH. However, the recent RSI levels and short-term volatility could prompt cautious trading strategies.

Considering the current technical indicators, price action, and market sentiment, the recommendation for STETH is to Hold. This stance allows investors to benefit from potential further gains while monitoring for any signs of a reversal or increased volatility that may necessitate a re-evaluation of positions.