#LDO is trading in a broad descending channel on the daily timeframe, maintaining a bearish market structure. Price is currently testing a key demand/support zone around 0.55–0.62. repeated rejections from descending trendlines suggest sellers remain in control. A daily close above 0.70–0.75 and the descending trendline would be needed to signal a potential trend reversal; otherwise, downside risk persists. #CryptoMarketPrediction
The ETH ecosystem is the worst L2 ecosystem this round: #OP #ARB #ldo #SSV , all are popular Ethereum ecosystems, except for lending: avax, which is relatively good. Is there anyone who hasn't been trapped?