What caused wstETH to drop 13.76% recently?

wstETH declined due to weakness in Ethereum and broader liquid staking sector pressure. Elevated volume at 34.9 million suggests liquidation activity and forced selling. The three-month decline of 28.59% indicates sustained selling at higher price levels as market participants reassess exposure.

What is the monthly price target for wstETH?

The monthly forecast projects wstETH at $2,852.16, representing a 4.17% decline from current $2,976.39 levels. This target aligns with technical support zones and suggests consolidation near current weakness before potential recovery.

Where is the key support level for wstETH?

The critical support level sits at $3,341.98, marked by the Bollinger Band lower band. Breaking below this level targets the $3,000 psychological level. The 200-day moving average at $4,460.24 provides longer-term support reference.

Is wstETH overbought or oversold?

RSI at 59.69 indicates neutral conditions without extreme overbought or oversold signals. However, Stochastic %K at 83.03 suggests overbought conditions on shorter timeframes, potentially signaling a bounce despite the ongoing downtrend.

What is the yearly price forecast for wstETH?

The yearly forecast targets $4,009.81, implying a 34.67% rally from current prices. This projection assumes market stabilization and improved regulatory clarity for the liquid staking sector.

Crypto Insights

Lido wstETH USD Faces $2,852 Monthly Target as -13.76% Decline Deepens

ByDanny Kontos February 5, 2026February 5, 2026

Lido wstETH USD has experienced significant downward pressure, declining 13.76% to trade at $2,976.39 as of February 5, 2026. This wrapped staking token, which represents staked Ethereum on the Lido protocol, has faced mounting selling pressure over recent weeks. The decline reflects broader market volatility affecting liquid staking derivatives. Understanding the technical setup and price targets becomes critical for tracking wstETH’s next major move. We’ll examine the current technical landscape, forecast scenarios, and what market data reveals about this asset’s near-term direction.