LDO
Liquid staking itself is quite a powerful thing and is currently in vogue, the only thing that has been holding back the price is the pressure from the SEC on the project, but with Gary Gensler's departure, it will be easier for everyone to breathe.
I might as well throw in some food for thought. I'm not hinting at anything, but a couple of years ago there was a minor incident, or rather FUD from Elon Musk, when Tesla refused to use BTC as a form of payment due to environmental harm. Staking was not in the spotlight back then and hardly anyone was interested; everyone was using the PoW (Proof-of-Work) algorithm, meaning they were mining the old-fashioned way. Now, however, staking is actively displacing mining, the amount of hardware in mining doesn't matter, anyone can stake coins without much effort. Again, I'm not hinting at anything; perhaps Musk was laying the groundwork back then and it's all just a coincidence, who knows... But it’s worth acknowledging the obvious trend regardless.
As for LDO - the asset is indeed focused on addressing the issues in the PoS (Proof-of-Stake) consensus mechanism, and everything that is needed and useful for the market has tremendous growth potential.
The chart almost mirrors OP, we also have accumulation and an upward breakout, retesting the key level and the 200 EMA. Growth above is just a matter of time. We are waiting for movement within wave C, where we could potentially update the ATH. In the medium term, I expect the price to be in the correction zone of 0.618-0.786 according to Fibonacci, the block is marked on the chart.
