Below is the latest update on SEI and the influencing factors in the past 24 hours, along with a short-term futures trading strategy for the next 24 hours:
📊 Current SEI price situation
Currently, the price of SEI fluctuates around 0.2015 USD, with a daily range from 0.1965 USD to 0.2028 USD. In the past 24 hours, the price has slightly decreased by about 0.12%, indicating that the market is in a slight correction phase after the recent increase.
📰 Highlighted news affecting SEI in the past 24 hours
• DeFi growth and TVL: The total value locked (TVL) on Sei Network has surpassed 382 million USD, nearly five times compared to the beginning of Q1/2025, thanks to the increase in new DeFi projects and interest from institutional investors.
• Institutional investment: World Liberty Financial, a DeFi project associated with the Trump family, has invested nearly 775,000 USD in SEI, indicating an increase in confidence from institutional investors in SEI.
• SEI staking ETF: Canary Capital has applied for approval for a SEI staking ETF fund in Delaware, if approved, SEI will become one of the first Layer-1s with a managed staking ETF product, expanding acceptance from traditional investors.
📈 Short-term price forecast for SEI
• Short-term forecast: According to the forecast, the price of SEI could reach a high of 0.268 USD by the end of April, equivalent to an increase of about 34.56% compared to the current price.
• Futures trading strategy: Some technical analysis shows that SEI is forming a "Bullish Falling Wedge" pattern, with an entry point around 0.165–0.170 USD and a price target that could reach 0.450 USD, equivalent to an increase of over 200%.
⚠️ Note when trading futures in the next 24 hours
• Trading volume: The trading volume in the past 24 hours is about 31.9 million USD, showing that investor participation remains at an average level.
• Price volatility: Daily price volatility is relatively light, indicating that the market is in an accumulation phase before a potential breakout.
• Proposed strategy: If you are experienced and accept risks, you may consider opening a long position with an entry point from 0.165–0.170 USD, setting a price target at 0.450 USD. However, it is essential to monitor closely and use risk management tools like stop-loss to protect your capital.