Why is wstETH USD dropping today?

wstETH USD declined 4.54% on February 2, 2026, due to broader market weakness in liquid staking tokens and Ethereum-related assets. Elevated trading volume at 34.9 million suggests active selling rather than passive liquidation, reflecting trader reassessment of risk exposure in staking derivatives.

What is the wstETH USD price forecast?

Monthly target: $2852.16 (4.2% decline). Quarterly: $3375.02 (13.4% recovery). Yearly: $4009.81 (34.7% gain). These forecasts assume varying market conditions and may change based on regulatory developments or unexpected events affecting liquid staking.

What support levels matter for wstETH USD?

Critical support exists at $3341.98 (lower Bollinger Band) and $3409.48 (Keltner Channel lower). The daily low of $2873.32 represents the immediate floor. Breaking below $3341.98 would confirm continued weakness toward the monthly target.

Is wstETH USD overbought or oversold?

RSI at 59.69 indicates neutral conditions, neither overbought (>70) nor oversold (

What does the technical analysis show for wstETH USD?

MACD histogram shows 52.35 points of positive divergence, suggesting easing selling pressure. Price trades near the lower Bollinger Band at $3341.98, indicating extreme volatility. The strong ADX reading confirms the downtrend will likely persist in the near term.

Crypto Insights

Lido wstETH USD Slides 4.54% Daily as $2900 Support Tests Buyer Conviction

ByHuzaifa Zahoor February 2, 2026February 2, 2026

Lido wstETH USD (WSTETHUSD) is experiencing notable downward pressure as the token declined 4.54% in a single day, trading near $2976.39 as of February 2, 2026. The broader market weakness has pushed wstETH USD down 13.76% over the past two weeks, testing critical support levels that traders are watching closely. Understanding the technical backdrop and price dynamics of wstETH USD becomes essential for anyone tracking liquid staking derivatives. We’ll examine what’s driving this decline and what the technical indicators suggest about near-term price action.