Why is STETHUSD Lido Staked ETH dropping 12% today?

STETHUSD is declining due to Ethereum weakness, staking derivative selling pressure, and broader crypto market risk-off sentiment. Elevated volume at 201.5 million indicates active liquidations rather than organic selling. Technical breakdown below key moving averages has triggered algorithmic selling, amplifying the decline.

What is the STETHUSD price forecast for February 2026?

The monthly forecast targets $2,427.22 by end of February, representing an 18.65% recovery from current $2,045.38 levels. This assumes stabilization above the $2,769.62 Bollinger Band support. The quarterly target stands at $2,625.42 by Q1 close.

What are the key support levels for STETHUSD?

Critical support sits at $2,769.62 (lower Bollinger Band), followed by $2,082.19 (day high) and $1,768.70 (day low). The 200-day moving average at $3,637.63 remains far above current prices. Breaking below $2,769.62 opens the path to lower support levels.

Is STETHUSD oversold based on technical indicators?

RSI at 49.18 indicates neutral conditions without clear oversold signals yet. MACD shows bearish momentum with a signal line at -26.70. ADX at 25.65 confirms a strong downtrend, suggesting further weakness possible before reversal.

What could trigger a STETHUSD recovery?

Ethereum price stabilization, positive staking sentiment, regulatory clarity, and technical support holding above $2,769.62 could trigger recovery. Institutional accumulation signals and volume pattern shifts would indicate buying interest returning to the market.

Crypto Insights

STETHUSD Lido Staked ETH Faces -12.09% Decline as Support Levels Weaken

ByHuzaifa Zahoor February 7, 2026

Lido Staked ETH USD (STETHUSD) is experiencing significant downward pressure as of February 6, 2026. The token has declined 12.09% in the last 24 hours, trading at $2,045.38 with a broader 4.67% weekly loss. Market participants are closely watching whether STETHUSD can stabilize above critical support levels. The decline reflects broader weakness in the staking derivative market. Understanding the technical backdrop and price targets becomes essential for tracking this asset’s near-term direction.