Markets· ★★· bearish·

SEI drops 8.96% as market turns defensive on ETF outflows, macro fears

  • —SEI traded at $0.0487 on $55.16M volume, 6.02% above its 30-day average
  • —Price sits below its 7-, 30-, 50- and 200-day SMAs with MACD still bearish
  • —RSI at 31.7 and stochastic at 3.6% signal conditions near oversold
  • —SEI is down 34.43% over 30 days and 74.02% over 52 weeks
Why it matters: Small-cap altcoins like SEI tend to amplify broad market moves, so a sustained rebound is unlikely without a recovery in risk appetite.
Source: DiarioBitcoin