As the leader of the staking industry $LDO can it be held and subsequent operations 💥
Lido is a liquidity pool staking solution, as the largest liquid staking protocol on Ethereum, it is sure to迎来 a new round of development peak. Currently, the TVL of LDO is close to 41 billion, accounting for 26% of the total DeFi TVL on the network.
Through various channels, Brother Yao analyzed and found that LDO is consolidating its moat, with more and more applications accepting stETH as collateral or means of payment, which enhances liquidity and demand.
With Ethereum staking continuing to heat up, LDO, as the industry leader, definitely has a lot of upside potential. Currently, there is strong support near the 1.22 position. As long as this support level stabilizes effectively, there will definitely be a strong rebound.
Operation suggestion:
At the 1.22 position, you can build your position in batches [pay attention to the 1.22 support level], target 1.5.
Conservative investors can wait until the 1.22 position to build their position in batches, while aggressive investors can ambush at the current price, but they need to pay attention to the support level below.