The cryptocurrency market peaceable suffers from fresh consolidation momentum, which sent most property to outdated lows. As identified this day by market analyst Ali Martinez, LDO, the native token of the liquid staking protocol Lido DAO, is one amongst the victims facing challenges navigating robust bearish stress in fresh weeks and months. As per the solutions shared by the analyst, LDO has been trading in a downtrend since August, which saw its imprint drop from a high of $1.54 famend on August 11 to the sleek level at $1.2. With the Lido DAO’s market exhibiting old indicators, questions linger whether the token can sort a recovery or is it destined for more sell-offs?
Lido DAO $LDO remains in a downtrend except it breaks above $1.50. pic.twitter.com/rWMYUEuoLv
— Ali (@ali_charts) October 4, 2025
Why Lido DAO Deals With Bearish Rigidity
To shed more mild on what’s going down in LDO’s market, it’s indispensable to examine how the asset has been performing in reference to diversified cryptocurrencies. Whatever the sleek correction considered in leisurely September, most crypto property are at show experiencing resurgent bullish momentum on the start of this month and the fourth quarter of the yr. Tokens, collectively with BTC, ETH, BNB, XRP, and lots others, registered gigantic gains all the plot in which by the final few days.
Bitcoin’s imprint, which fell beneath $110k on September 25, 2025, recouped the losses, at show standing at $122,500, up 11.8% and 10.8% all the plot in which by the final week and month, respectively. This stand is terribly diversified from LDO’s market, which has failed to show gigantic recovery, despite VanEck submitting a proposal for a staked Ethereum ETF operating on Lido.
The day past, on Friday, October 3, 2025, investment asset supervisor VanEck filed a proposal in Delaware to establish an ETF that tracks Ethereum staked by Lido, an awfully indispensable liquid staking platform. Whatever the enchancment, LDO’s imprint at show stands at $1.21, down 2.5% all the plot in which by the final 24 hours. Failure to breach the resistance phases at $1.312 and $1.409 indicators a old market fuelled by vigorous selling from whale wallets.
What’s Subsequent for LDO?
Whatever the bearish indicators, LDO peaceable has the aptitude to get better from losses. Nonetheless, Ali warned that the downtrend remains if the asset can no longer damage above $1.50.
As identified by the analyst, the indispensable level to check out is $1.50. To provoke an uptrend, LDO needs to upward push and grasp above this level.
