The market consolidation over the past week has been exceptionally intense, with many **altcoins** falling to periodic lows. Taking $SEI as an example, the price has shown increasingly clear signs of bottoming after clearing lower liquidity.
Current technical signals worth noting:
Multiple bottom divergences are brewing, suggesting a depletion of downward momentum.
The key touchpoint for a rebound lies in whether it can strongly break above the 21-day moving average (21 EMA).
Once confirmed, the short-term trend may officially reverse.