Lido DAO Token (LDO) has experienced a significant downturn, dropping 7.39% against the US Dollar in the last 24 hours. This decline is part of a broader negative trend, with LDO underperforming against major cryptocurrencies like Bitcoin and Ethereum, losing 8.88% and 10.11% respectively. Despite a 16.81% gain over the past month, LDO remains 37.93% down from a year ago.

The market sentiment is neutral, with the Fear & Greed index indicating greed, which could suggest overvaluation. Technical indicators present a mixed outlook, with some signaling potential growth while others highlight bearish trends. The current price of $1.26 is below key resistance levels, raising concerns about future performance.