LDO#Short-term (1-3 weeks)**:

- **Bullish Scenario**: If the August 14 update releases positive news (such as buybacks or profit sharing), and ETH holds above $4350, LDO is expected to challenge $1.85.

- **Cautious Scenario**: RSI overbought may trigger a pullback to $1.36, and if it breaks below, it tests the $1.10 support.

**Long-term Value Anchor**:

- Maintaining a TVL of $38 billion+ and growing demand for stETH is the core cornerstone, pay attention to Ethereum staking APY and Layer2 adoption progress.

> **Main Risk Overview**

> - **Event Volatility**: August 14 Tokenholder Call expectations falling short

> - **Unlocking Selling Pressure**: Whale and institutional chip movements

> - **Market Correlation**: If Bitcoin falls below $122K, it may drag down ALTcoins

Investors are advised to closely monitor: ① Details of the August 14 governance meeting; ② Whether exchange net outflows continue; ③ The impact of ETH prices on staking demand.#LDO #ETH