Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

2025-05-19

Bitcoin touches $ 2T market capitalization, surpasses Google and Meta – Is Apple next?

2025-05-19

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Lido loses all its profits in the second quarter; LDO traders can expect this in the coming days
Altcoins

Lido loses all its profits in the second quarter; LDO traders can expect this in the coming days

2023-08-30No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Disclaimer: The information presented does not constitute financial, investment, trading or other advice and is solely the opinion of the author.

  • Lido sellers claimed an important price point as bears extended their dominance.
  • Statistics on the chain presented mixed signals.

Lidos [LDO] The waning price action dropped to new lows as the price reached the $1.5 price zone. After the deep retracement from the USD 2.49 resistance level, LDO completely reversed all gains made in the second quarter.


Realistic or not, here is the market cap of LDO in BTC terms


The bearish market outlook led by Bitcoin [BTC] also contributed to Lido’s sharp decline with shorts maximizing selling pressure.

Bears extended their dominance by capturing the critical price point

Lido LDO price chart on dark background

Source: LDO/USDT on Trading View

A look at the four-hour time frame showed that the bullish defense of the $1.76 support had kept sellers at bay for nearly a month. Despite the bulls’ best efforts, selling pressure overwhelmed buyers, leading to a collapse in support levels.

The two big drops on August 15 (7.9%) and August 24 (9.5%) could give sellers leverage to go to the January low of $1.25. On the other hand, bulls may enter a fight again, especially if BTC posts a strong bullish rebound.

Looking at the chart indicators, the dominance of sellers was highlighted. The Relative Strength Index (RSI) moved towards the oversold zone. The sharp decline and flat movement of the On Balance Volume (OBV) indicated a disinterest in accumulating LDO.

Diminishing open interest does not tell the full story

Source: Coinalysis

When the price falls for a long period of time and the Open Interest starts falling with the price, it indicates a very strong bearish trend. However, while OI fell in line with price, spot CVD rose.

See also  Best Altcoin Picks for Next Week: Ethereum (ETH), Litecoin (LTC), and Shiba Inu (SHIB) on the Road to Recovery

How much are 1, 10 or 100 LDO worth today?


This showed that underlying demand for the asset could drive a recovery from the current price range. If bulls can counter selling pressure on the higher terms along with a BTC reversal, the possibility of a recovery could be bolstered.

Source link

coming Days Expect LDO Lido loses profits Quarter traders
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19

Nexchain leads together with BTC Bull Token

2025-05-19

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

2025-05-19

Dogecoin ready to cry? Falling wig ousting hints during a rally

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Maker: Buyers can expand their winnings from this level

2023-09-03

Bitcoin prize focuses on $ 110,000 of all time after the consolidation trend ends

2025-05-12

Pudgy Penguins NFTs Soar Above $100,000 on Solana Airdrop Hype

2024-12-11
Editors Picks

$10 Trillion in Assets Under Management BlackRock Could Launch Its Own Blockchain

2024-08-14

Dogecoin (DOGE) surges ahead: will the rally hold?

2024-10-30

Founder of bankrupt Crypto Lender Celsius network Alex Mashinsky arrested and charged with fraud

2023-07-13

Bitcoin Flashes Bullish Signal That Previously Sparked a 193% Rally, Says Crypto Analyst

2024-07-15

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

Bitcoin touches $ 2T market capitalization, surpasses Google and Meta – Is Apple next?

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,531.88-0.27%
  • ethereumEthereum(ETH)$2,523.482.81%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.38-1.29%
  • binancecoinBNB(BNB)$650.220.34%
  • solanaSolana(SOL)$166.57-2.66%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223389-2.78%
  • cardanoCardano(ADA)$0.74-1.41%
  • tronTRON(TRX)$0.266417-0.04%
  • suiSui(SUI)$3.82-0.78%
  • chainlinkChainlink(LINK)$15.730.34%
  • avalanche-2Avalanche(AVAX)$22.15-2.41%
  • hyperliquidHyperliquid(HYPE)$26.60-0.78%
  • stellarStellar(XLM)$0.285842-1.97%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.70%
  • hedera-hashgraphHedera(HBAR)$0.193345-0.86%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.41%
  • bitcoin-cashBitcoin Cash(BCH)$392.07-3.11%
  • the-open-networkToncoin(TON)$3.02-3.65%
  • litecoinLitecoin(LTC)$98.29-1.52%
  • polkadotPolkadot(DOT)$4.57-3.09%
  • moneroMonero(XMR)$342.611.72%
  • bitget-tokenBitget Token(BGB)$5.201.24%
  • pepePepe(PEPE)$0.000013-1.66%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.71%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$245.647.91%
  • uniswapUniswap(UNI)$5.89-2.26%
  • bittensorBittensor(TAO)$408.36-2.31%
  • nearNEAR Protocol(NEAR)$2.75-1.67%
  • aptosAptos(APT)$5.181.12%
  • okbOKB(OKB)$52.37-1.01%
  • ondo-financeOndo(ONDO)$0.92-2.16%
  • kaspaKaspa(KAS)$0.107000-3.43%
  • ethereum-classicEthereum Classic(ETC)$18.42-0.35%
  • internet-computerInternet Computer(ICP)$5.18-1.06%
  • gatechain-tokenGateToken(GT)$21.54-0.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.25%
  • crypto-com-chainCronos(CRO)$0.095709-2.90%
  • mantleMantle(MNT)$0.72-1.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232610-2.60%
  • vechainVeChain(VET)$0.027909-2.33%
  • render-tokenRender(RENDER)$4.56-0.98%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • ethenaEthena(ENA)$0.363188-4.48%
  • algorandAlgorand(ALGO)$0.221413-1.17%
  • filecoinFilecoin(FIL)$2.85-0.63%
  • arbitrumArbitrum(ARB)$0.3898670.67%
  • bitcoinBitcoin(BTC)$105,531.88-0.27%
  • ethereumEthereum(ETH)$2,523.482.81%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.38-1.29%
  • binancecoinBNB(BNB)$650.220.34%
  • solanaSolana(SOL)$166.57-2.66%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223389-2.78%
  • cardanoCardano(ADA)$0.74-1.41%
  • tronTRON(TRX)$0.266417-0.04%
  • suiSui(SUI)$3.82-0.78%
  • chainlinkChainlink(LINK)$15.730.34%
  • avalanche-2Avalanche(AVAX)$22.15-2.41%
  • hyperliquidHyperliquid(HYPE)$26.60-0.78%
  • stellarStellar(XLM)$0.285842-1.97%
  • shiba-inuShiba Inu(SHIB)$0.000015-1.70%
  • hedera-hashgraphHedera(HBAR)$0.193345-0.86%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.41%
  • bitcoin-cashBitcoin Cash(BCH)$392.07-3.11%
  • the-open-networkToncoin(TON)$3.02-3.65%
  • litecoinLitecoin(LTC)$98.29-1.52%
  • polkadotPolkadot(DOT)$4.57-3.09%
  • moneroMonero(XMR)$342.611.72%
  • bitget-tokenBitget Token(BGB)$5.201.24%
  • pepePepe(PEPE)$0.000013-1.66%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.71%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$245.647.91%
  • uniswapUniswap(UNI)$5.89-2.26%
  • bittensorBittensor(TAO)$408.36-2.31%
  • nearNEAR Protocol(NEAR)$2.75-1.67%
  • aptosAptos(APT)$5.181.12%
  • okbOKB(OKB)$52.37-1.01%
  • ondo-financeOndo(ONDO)$0.92-2.16%
  • kaspaKaspa(KAS)$0.107000-3.43%
  • ethereum-classicEthereum Classic(ETC)$18.42-0.35%
  • internet-computerInternet Computer(ICP)$5.18-1.06%
  • gatechain-tokenGateToken(GT)$21.54-0.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-2.25%
  • crypto-com-chainCronos(CRO)$0.095709-2.90%
  • mantleMantle(MNT)$0.72-1.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232610-2.60%
  • vechainVeChain(VET)$0.027909-2.33%
  • render-tokenRender(RENDER)$4.56-0.98%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • ethenaEthena(ENA)$0.363188-4.48%
  • algorandAlgorand(ALGO)$0.221413-1.17%
  • filecoinFilecoin(FIL)$2.85-0.63%
  • arbitrumArbitrum(ARB)$0.3898670.67%