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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Discuss BTC trading experiences, market views, or show off your contract gai
Lido DAO tops losers list amid market selloff with 20% plunge
Lido DAO (LDO) has plunged over 20% in the last 24 hours, making it the top loser in the crypto market. The token is currently trading at $0.8681, down 17.32% in a single day. Its market cap stands at $779.21 million, reflecting a 17.32% decline. Meanwhile, trading volume has surged 41.70%, reaching $153.89 million in the past day.
Lido DAO’s fully diluted valuation (FDV) is at $868.14 million, with a 19.65% market cap ratio. The platform holds $16.82 billion in total value locked (TVL), with a market cap ratio of 0.04648
Will LDO Recover?
LDO is in a downtrend, testing key support levels. The immediate support is at $0.85, with a stronger support zone at $0.80. If these levels fail, the price may decline further toward $0.75. On the upside, resistance is at $0.95, and a breakout could push LDO toward $1.05.
The Relative Strength Index (RSI) is at 27.72, indicating oversold conditions. The RSI moving average is at 33.55, showing continued bearish momentum. The Chaikin Money Flow (CMF) stands at -0.09, suggesting weak buying pressure.
Lido DAO’s sharp decline aligns with broader market weakness. Increased trading volume suggests heightened volatility. If buyers step in at support levels, a short-term rebound is possible. However, continued selling pressure could push LDO to new lows.
LDO investors should monitor RSI recovery and potential crossover movements. A break above $0.95 could signal a trend reversal, while failure to hold $0.85 may lead to further losses.
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