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$SEI remains in a downtrend, recently breaking below its April low a clear sign of weakness. While this area could offer short-term support, there’s little evidence of a strong bullish response so far. A relief bounce is possible, but momentum still favors the downside. Key resistance sits between 18.8 cents and 30.3 cents. To suggest a potential shift, price would need to break above that zone with a clear 5-wave move. Until then, the structure remains bearish with no strong signs of reversal.

Trending Crypto Movers & Market Recap: $VET, $ONDO, $TEL, $SEI, $ASTER, $RIO The crypto market has been buzzing over the past 24 hours with several notable movers catching traders’ attention. Among the trending coins, $VET, $ONDO, $TEL, $SEI, $ASTER, and $RIO have been showing strong activity, signaling growing interest and potential opportunities for traders. Top Gainers (24h): $LUNC +82% $LUNA +42% $KEEP +22% $SYRUP +17% $IXS +16% Despite the volatility, key support and resistance levels remain intact, giving traders some confidence in price stability. Bitcoin continues to hold above $90k, while Ethereum is maintaining the $3k level. Market watchers should expect continued swings, especially with the Federal Reserve’s rate cut decision looming. Price action in the short term is likely to be driven by momentum, highlighting the importance of strategic entries and exits. With crypto markets constantly moving, staying alert and monitoring high-volume movers could provide opportunities for savvy traders.

I wouldn't count on most altcoins going back to ATH in USDT terms (and certainly not $BTC terms) in the future. Any coin that has any unlocks will bleed to $0 ( see $SEI or $ARB as examples). These things can still do 2x in a bull market though.

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