Lido Staked Ether (STETH) is currently priced at $2,927.64, reflecting a slight 24-hour decrease of -0.36%. The daily trading range has been relatively wide at 135.67%, with a high of $3,046.14 and a low of $2,910.47, indicating notable volatility in the market.

Volume stands at 23,456,422, translating to a volume-to-market cap ratio of 0.09%, suggesting low trading activity relative to its market capitalization. The short-term moving averages show a consistent downtrend, with the 8 SMA at $3,001.71, indicating a 2.47% drop, while longer-term SMAs are also trending lower, with the 144 SMA at $2,942.73, down 0.51%.

The Relative Strength Index (RSI) metrics indicate a neutral sentiment, with the 1-hour RSI at 45 and the 7-day RSI at 49, suggesting that STETH is neither overbought nor oversold. Price changes over the past week, 14 days, and 30 days are all negative, with the 7-day change at -3.98%, reflecting ongoing downward pressure.

The all-time high for STETH remains significantly distant at $4,932.89, achieved on August 24, 2025, indicating substantial room for recovery if market conditions improve. However, given the current technical indicators and negative momentum, it may be prudent to adopt a cautious approach.

Based on the current analysis, I recommend a Hold rating for STETH. The combination of a neutral RSI, negative price momentum, and downward-trending moving averages suggests waiting for clearer bullish signals before considering a buy.