Those paying attention to SEI might be a bit confused—clearly, there are cooperation announcements one after another, and institutional funds are entering the market, so why does the price shoot up only to be smashed back down? It's like riding an uncontrollable roller coaster, pausing briefly at a high point, then plunging downward the next second.
From the data, SEI has indeed been very active recently: teaming up with Xiaomi, potentially reaching hundreds of millions of users in the future; major players like BlackRock and Vanguard are gradually entering the market; the technical indicator RSI has even entered the oversold zone, seemingly setting the stage for a rebound.
However, the market has not shown any mercy. After a brief surge, the price quickly fell back and is currently hovering around 0.1378 USDT, with the daily line still showing a decline. This inevitably raises the question: if positive news doesn't work, then what actually does?
In fact, this is a reflection of the current market environment: emotions are fragile, confidence is lacking, and every rise has become a window for selling. The so-called 'good news being fully priced is bad news,' in the context of lacking sustained funds and an overall bull market atmosphere, any rise driven by news is hard to form a trend and instead becomes an opportunity for wave operators to sell high and buy low.
This also reminds us: before a true bull market signal appears, blindly chasing prices often is dangerous. The market's memory is short, emotions come quickly and leave just as fast, especially in this kind of fluctuating pattern, where rises are quick and falls are also quick. For SEI, even if there is fundamental support, if there isn’t enough buying momentum to sustain it, the price will struggle to hold steady.
So, if you are still in the market, perhaps it’s time to change your thinking: stop expecting a straight line upward 'myth' and instead accept the reality of fluctuations, grasp the rhythm of the waves. Be not greedy during rises, not panic during pullbacks; decisively reduce positions when prices rise, and cautiously buy back during sharp drops — this may be a more practical survival strategy right now.$SEI
