#SEI SEI soared 27%! The next SOL? The digital currency market recreates a miracle!
On Wednesday, SEI shined, with its stock price soaring more than 27%, and now the trading price is firmly at around $0.46.
Sei (SEI) is a tough guy. It is a leader in the first layer of blockchains, directly challenging big guys like SUI and Solana. Many people also say that SEI is SUI's "twin brother".
However, SEI's current market value is only about $1.6 billion, compared with SUI's $4.5 billion and Solana's $70 billion, it is indeed a "little brother". But who can say about potential?
Let's compare the technical trends of SEI, SUI and SOL. Hey, these three brothers are really a bit similar! SOL slowly climbed up from a low price back then, and then soared. SUI is now also on this path, and the price is a bit warming up, maybe it is holding back a big move.
SEI is also on this path. After falling for a while, it is now starting to rise, trading at $0.46, which is pleasing to the eye. If SEI can hold the position of $0.368 and break through a few resistance levels, it may really be able to replicate the glory of SOL.
1-2 wave pattern, this is a good thing, indicating that it can reverse after consolidation and bottoming out. SEI and SUI are both moving in this way, and there is great hope for an increase.
SEI has broken through the framework of short-term consolidation, and high points are one after another, $0.4164 and $0.3719 are left behind.
The price is rising rapidly to $0.4594, and the buyers are really powerful. As long as this resistance zone can stabilize and become a new support, the rise will continue.
Looking at the SEI futures market, the open interest is soaring, indicating that everyone is opening new positions. This market is hot, and there are many people who are bullish.
What's more interesting is that the financing rate is actually negative (-0.017%), which means that there are more shorts than longs. In this case, the SEI price will continue to rise.
The spot market is also very hot, and the trading volume is rising (109.493M). The demand is too strong. This trading volume is a real proof of the popularity of SEI. It seems that the rise will continue for a while!
#sei冲哈 #sei #加密市场反弹 A single tree cannot make a boat, and a single sail cannot sail far! In the currency circle, if you don't have a good circle and don't have first-hand information about the currency circle, then I suggest you follow me, check out the introduction, and take you to the shore for free. Welcome to join the team!!!