Previously, near 1.08, a long position was suggested, aiming for targets of 1.22-1.50. It has currently risen to a maximum of 1.2915, with the phase target successfully achieved.
Structurally, after a breakout with increased volume at the bottom, the trend accelerates, combined with ETH strengthening and the staking sector heating up. As the leader, LDO still has room for imagination. Although it is still some distance from its historical high, there are good opportunities for altcoins to seize in the upcoming altcoin season, with a chance to break above $2.
For those already in, consider taking profits by reducing positions when the opportunity arises; a pullback to support remains a good buying opportunity.
