Smart Money Is Stacking SEI – Here’s the Sei Price Target If Accumulation Continues

SEI-3,11%

Sei (SEI) has been moving through a rough stretch, but recent developments show the project building beneath the surface.

On February 21, SEI’s 3-day RSI dropped to multi-year lows, placing it in extreme oversold territory. Days earlier, 21Shares and Canary filed for SEI ETFs, though approval is unlikely before Q2 2026.

At ETHDenver’s Quantum Summit, Sei’s co-founder aligned the network with post-quantum cryptography discussions. Even during a pullback, institutional groundwork continues. At the same time, on-chain activity tells a separate story.

Large Wallets Are Buying the SEI 30% Dip

Altcoin Buzz reported that major wallets have been steadily accumulating SEI over the past 24 hours. This buying followed a 30% macro pullback that flushed out weaker hands.

When sharp drops hit, retail often exits in frustration. That supply has to be absorbed somewhere. Data now shows larger holders stepping in at these demand zones.

The SEI price is trading at $0.06607. That places it near the lower end of its recent range after the correction.

Accumulation during fear phases is not random. Bigger players tend to scale in when liquidity is available and sentiment is washed out. If that pattern continues, it reduces available circulating supply at these levels.

Meanwhile, the multi-year low on the 3-day RSI from February 21 signals exhaustion. That type of reading appears when selling has stretched too far, too fast.

Oversold conditions alone don’t guarantee a bounce. But when they align with visible accumulation and ETF filings in progress, the setup becomes more interesting.

The ETF applications from 21Shares and Canary introduce a longer-term narrative. Approval may take time, but filings alone position SEI in conversations that extend beyond retail speculation.

Add the network’s visibility in post-quantum security discussions, and Sei is building credibility on multiple fronts during a market downturn.

_****After 5 Years of Pain, Altcoins Just Flashed the Same Signal as 2020**

Here’s the Sei Price Target If Accumulation Continues

If large wallets continue absorbing supply and selling pressure fades, the first recovery level to watch sits near $0.075. A move above that area would signal early strength returning.

The next major area is just above $0.075, which is $0.085. Breaching this area will bring $0.10 back into the picture, which is a psychological level and a previous consolidation area.

If the momentum continues to build, and the markets stabilize, the area of $0.12 to $0.14 can become a reasonable target.That range marks prior distribution levels before the 30% pullback.

On the downside, if accumulation stalls and pressure resumes, $0.058 and $0.050 become the next areas where buyers could reappear.

Right now, the SEI price trades at $0.06607, sitting in a zone where larger wallets are active. While oversold, the ETF filings, and institutional support give the project more substance than the price action alone.

Will this be a reversal or a consolidation? One thing to watch: will the buyers continue to absorb the supply

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Reclaims $70K As ETF Flows Stabilize and Selling Pressure Eases

Glassnode reports that Bitcoin's ETF flows are stabilizing after outflows, coinciding with a price rebound above $70,000. Healthy inflows into ETFs indicate a cautious optimism among institutions, but macro risks persist, necessitating continued monitoring of market trends.

BlockChainReporter8m ago

Culper Research announces short positions on ETH and related securities, claiming that Fusaka's upgraded token economic model has been damaged

Short-selling firm Culper Research announced that it is shorting Ethereum and related securities, believing that the Fusaka upgrade in 2025 will harm the ETH tokenomics model. The upgrade resulted in a larger-than-expected decrease in Gas fees, and on-chain data shows that the growth in active addresses and transaction volume is driven by low-value transactions. Culper believes Vitalik is aware of this and will continue to sell ETH, expecting ETH prices to decline further.

GateNews9m ago

Why did Bitcoin drop today? The US warns of a ground invasion in Iran, and Trump demands to lead the next Supreme Leader.

Bitcoin prices fluctuate due to escalating geopolitical tensions, dropping from $72,000 to $70,000 on March 6. Trump's tough rhetoric on the Iran situation, Iran's refusal to cease fire, and the U.S. military announcing increased strikes have heightened risk aversion. Market sentiment is divided, with some predicting Bitcoin will reach $80,000, but some analysts remain skeptical about a rebound. $72,000 is a key technical level; failure to break above it could lead to a drop toward $64,000.

MarketWhisper20m ago

Today, the Fear and Greed Index dropped to 18, indicating the market is in a "Extreme Fear" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency Fear and Greed Index dropped to 18 today (yesterday the index was 22, indicating "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.

GateNews42m ago

XRP Price Consolidates Under $1.5 — What Could Drive the Next Move to $2? - BTC Hunts

XRP is struggling to maintain its price above $1.40 amidst selling pressure and a bearish market. Key resistance at $1.48 and support at $1.33 will determine its next movement, with potential for upswing to $1.60 or a drop towards $1.20.

BTCHUNTS1h ago

Stock and bond sell-off, BTC holds the 70,000 level, Bitcoin outperformed gold this week

The ongoing military actions by the US and Israel against Iran continue to impact the market. Oil prices surged, causing US stocks and Bitcoin to decline, but Bitcoin's decline was smaller, and it outperformed gold this week. Disrupted energy supplies have sparked inflation concerns, leading to simultaneous declines in stocks and bonds. Investors remain optimistic about cryptocurrencies, with significant capital inflows.

ChainNewsAbmedia1h ago
Comment
0/400
No comments