$SEI Shows Signs of Accumulation Post-Liquidity Grab

According to Michaël van de Poppe, $SEI has captured liquidity beneath the recent lows and is now in an accumulation phase. This suggests a potential start of an upward trend, which could be an opportunity for traders to consider long positions. Michaël emphasizes that further downside is unlikely, reinforcing the bullish sentiment for $SEI. (Source: Twitter @CryptoMichNL)
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On March 5, 2025, at 14:30 UTC, $SEI experienced a significant price movement, taking liquidity beneath the lows, as reported by Michaël van de Poppe on Twitter (source: Twitter/@CryptoMichNL, March 5, 2025). At this point, $SEI's price was recorded at $0.45, marking a 5% increase from its previous low of $0.43 set on March 3, 2025, at 10:00 UTC (source: CoinGecko, March 5, 2025). The trading volume during this period surged to 12 million $SEI tokens, a 30% increase compared to the average daily volume of the past week, indicating strong accumulation (source: CoinMarketCap, March 5, 2025). This accumulation phase suggests that market participants are betting on a reversal, aligning with van de Poppe's expectation of an upward trend starting from this point (source: Twitter/@CryptoMichNL, March 5, 2025). Additionally, the on-chain metrics show a significant increase in the number of active addresses, rising from 15,000 on March 4, 2025, to 20,000 on March 5, 2025, at 15:00 UTC, further supporting the accumulation thesis (source: IntoTheBlock, March 5, 2025). The Relative Strength Index (RSI) for $SEI was at 45, indicating a neutral position, which could suggest a potential breakout if the accumulation continues (source: TradingView, March 5, 2025).
The trading implications of this event are multifaceted. Firstly, the liquidity sweep beneath the lows could serve as a bullish signal for traders looking to enter long positions. The price movement from $0.43 to $0.45 within a short period indicates strong buying pressure, which could lead to further upward momentum (source: CoinGecko, March 5, 2025). The trading volume increase to 12 million $SEI tokens suggests that there is significant interest in the asset, potentially driving the price higher. For instance, the $SEI/BTC trading pair saw a 4% increase in volume on March 5, 2025, at 15:00 UTC, indicating that $SEI is gaining traction against major cryptocurrencies (source: Binance, March 5, 2025). Additionally, the $SEI/USDT pair on the same day saw a volume of 10 million $SEI tokens, further emphasizing the accumulation trend (source: Kraken, March 5, 2025). Traders might consider setting stop-loss orders around the $0.43 level to manage risk, given that this was the recent low point (source: CoinGecko, March 5, 2025). The market sentiment, as reflected by the increase in active addresses, suggests a growing interest in $SEI, which could fuel further price increases if the trend continues (source: IntoTheBlock, March 5, 2025).
Technical indicators further support the potential for an upward trend in $SEI. The Moving Average Convergence Divergence (MACD) for $SEI showed a bullish crossover on March 5, 2025, at 16:00 UTC, with the MACD line crossing above the signal line, indicating potential upward momentum (source: TradingView, March 5, 2025). The Bollinger Bands for $SEI were also expanding, with the upper band at $0.47 and the lower band at $0.41 on March 5, 2025, at 17:00 UTC, suggesting increased volatility and potential for a breakout (source: TradingView, March 5, 2025). The trading volume, as mentioned earlier, increased by 30% on March 5, 2025, at 14:30 UTC, which is a strong indicator of market interest (source: CoinMarketCap, March 5, 2025). The on-chain metrics, such as the increase in active addresses, also support the notion of accumulation, with the number of active addresses rising to 20,000 on March 5, 2025, at 15:00 UTC (source: IntoTheBlock, March 5, 2025). These indicators collectively suggest that $SEI may be poised for an upward trend, aligning with the initial market event's implications.
In the context of AI developments, there is no direct impact on $SEI as it is not an AI-related token. However, the broader crypto market sentiment can be influenced by AI news. For instance, positive AI developments can lead to increased interest in AI-related tokens like $FET (Fetch.AI) and $AGIX (SingularityNET), which could indirectly affect the overall market sentiment (source: CoinGecko, March 5, 2025). On March 5, 2025, at 18:00 UTC, $FET saw a 2% increase in price to $1.20, while $AGIX increased by 1.5% to $0.80, indicating a positive response to recent AI news (source: CoinGecko, March 5, 2025). This sentiment could spill over to other cryptocurrencies like $SEI, although the direct correlation remains weak. Traders should monitor AI-related news and its potential impact on market sentiment, as it could present trading opportunities in AI-related tokens or influence broader market trends (source: CoinGecko, March 5, 2025).
The trading implications of this event are multifaceted. Firstly, the liquidity sweep beneath the lows could serve as a bullish signal for traders looking to enter long positions. The price movement from $0.43 to $0.45 within a short period indicates strong buying pressure, which could lead to further upward momentum (source: CoinGecko, March 5, 2025). The trading volume increase to 12 million $SEI tokens suggests that there is significant interest in the asset, potentially driving the price higher. For instance, the $SEI/BTC trading pair saw a 4% increase in volume on March 5, 2025, at 15:00 UTC, indicating that $SEI is gaining traction against major cryptocurrencies (source: Binance, March 5, 2025). Additionally, the $SEI/USDT pair on the same day saw a volume of 10 million $SEI tokens, further emphasizing the accumulation trend (source: Kraken, March 5, 2025). Traders might consider setting stop-loss orders around the $0.43 level to manage risk, given that this was the recent low point (source: CoinGecko, March 5, 2025). The market sentiment, as reflected by the increase in active addresses, suggests a growing interest in $SEI, which could fuel further price increases if the trend continues (source: IntoTheBlock, March 5, 2025).
Technical indicators further support the potential for an upward trend in $SEI. The Moving Average Convergence Divergence (MACD) for $SEI showed a bullish crossover on March 5, 2025, at 16:00 UTC, with the MACD line crossing above the signal line, indicating potential upward momentum (source: TradingView, March 5, 2025). The Bollinger Bands for $SEI were also expanding, with the upper band at $0.47 and the lower band at $0.41 on March 5, 2025, at 17:00 UTC, suggesting increased volatility and potential for a breakout (source: TradingView, March 5, 2025). The trading volume, as mentioned earlier, increased by 30% on March 5, 2025, at 14:30 UTC, which is a strong indicator of market interest (source: CoinMarketCap, March 5, 2025). The on-chain metrics, such as the increase in active addresses, also support the notion of accumulation, with the number of active addresses rising to 20,000 on March 5, 2025, at 15:00 UTC (source: IntoTheBlock, March 5, 2025). These indicators collectively suggest that $SEI may be poised for an upward trend, aligning with the initial market event's implications.
In the context of AI developments, there is no direct impact on $SEI as it is not an AI-related token. However, the broader crypto market sentiment can be influenced by AI news. For instance, positive AI developments can lead to increased interest in AI-related tokens like $FET (Fetch.AI) and $AGIX (SingularityNET), which could indirectly affect the overall market sentiment (source: CoinGecko, March 5, 2025). On March 5, 2025, at 18:00 UTC, $FET saw a 2% increase in price to $1.20, while $AGIX increased by 1.5% to $0.80, indicating a positive response to recent AI news (source: CoinGecko, March 5, 2025). This sentiment could spill over to other cryptocurrencies like $SEI, although the direct correlation remains weak. Traders should monitor AI-related news and its potential impact on market sentiment, as it could present trading opportunities in AI-related tokens or influence broader market trends (source: CoinGecko, March 5, 2025).
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast