Severely Undervalued Ethereum Staking Leader: $LDO is Signaling a Reversal
In the past year, LDO has been gradually forgotten by the market amidst a downward trend, but with BlackRock submitting its Ethereum Staking ETF application and ETH experiencing a strong rally, LDO is expected to kick off a new round of catch-up.
Why does Guang Ge remain optimistic about LDO? There are three core reasons:
1. High Elasticity 'Amplifier' of the Ethereum Bull Market
LDO is highly correlated with ETH; whenever ETH starts a main rally, LDO's protocol revenue (transaction fees + staking rewards) also skyrockets. Essentially, it serves as a Beta amplification tool during ETH's upward cycle.
2. Recovery in Staking Demand, Leading Players Benefit First
The liquid staking market is clearly warming up, with the demand for products like stETH and rETH rebounding. As a leading player in the staking protocol, Lido holds the largest market share, governance rights, and revenue-sharing rights, which will allow it to benefit first from the overall industry recovery.
3. On-chain Funds Continuously Accumulating, Sufficient Bottom Chips
On-chain data shows that large holders and smart contracts are continuously accumulating at the bottom, with net fund inflows steadily increasing. After a long period of consolidation, LDO's chip concentration has significantly increased, and it could soon start a main rally.
Currently, the price is experiencing a phase correction, making it a good opportunity to focus on building positions.
I led my fans into the market yesterday, and our positions are currently in profit. If you are also interested in the staking sector, LDO is one of the few valuation bottoms worth focusing on.
If you want to know about my spot strategy and real-time trading rhythm, give Guang Ge a follow, let’s stealthily enter at low levels and patiently wait for the market to explode!
