As the leader of the Ethereum staking sector, LDO has experienced fluctuating declines over the past year, and the bottom has been consolidating for long enough. Currently, with BlackRock submitting a staking ETF proposal and the ETH market gradually strengthening, market attention towards the staking sector is rapidly increasing. LDO is expected to be one of the first assets to explode, and structurally, the bottom accumulation is sufficient, with potential for a jump.
In terms of operation, consider lightly positioning long around the current price of 1.08, with a short-term target of 1.22 and a medium-term target towards the previous high of around 1.50.
