"Current Price: Approximately 0.262 USDT.

* Significant Long Liquidation Zone: There is a large cluster of long (buy) liquidation orders accumulated around the price level of 0.244 USDT. Specifically:

* 50x Leverage: Approximately 70.51K SEI to be liquidated.

* 25x Leverage: Approximately 39.77K SEI to be liquidated.

* Total accumulated long liquidations around this zone amount to 1.38 million USDT.

* Other Liquidation Levels: There are several smaller long liquidation levels scattered at lower price points.

* Lack of Significant Short Liquidation Near Current Price: There are no notable short (sell) liquidation zones near the current price of 0.262 USDT.

Summary of the SEI Situation:

* Downside Risk: Similar to BTC, SEI also faces downside risk if the price continues to fall towards the 0.244 USDT zone. If this happens, a large number of long orders using high leverage will be liquidated, potentially causing further strong selling pressure.

* Lack of Strong Upward Momentum from Short Liquidation: The absence of significant short liquidation zones near the current price suggests that the possibility of a "short squeeze" pushing SEI's price sharply higher in the short term is low.

* Sensitive Market: With a large amount of long liquidations below, SEI's price may react strongly to negative news or general market downturns.

Potential Scenarios and Price Zones (Not Investment Advice):

Based on the liquidation map, we can consider the following scenarios:

Bearish Scenario (Testing the major long liquidation zone around 0.244 USDT):

* Potential Entry Point (High Risk): If you believe that the long liquidation zone around 0.244 USDT could act as a support level after being swept, you might consider a small exploratory buy order within this price range or slightly lower (e.g., 0.240 - 0.245 USDT).

* Reason: After a strong liquidation event, "dip buying" may occur.

* Risk: The price could continue to fall further if this zone does not hold. You need to set an extremely tight stop-loss (e.g., below 0.240 USDT) to manage risk.

* More Cautious Buy Entry: Wait for confirmation of buying pressure after the price potentially touches the liquidation zone. This could be strong bullish reversal candles or a strong rebound with significant volume. The entry point might be higher, but the risk could be lower.

Sideways or Mild Recovery Scenario:

* Potential Entry Point (If Expecting Recovery): If you believe that the price will not fall deeply into the major liquidation zone immediately and a recovery is possible, you need to further analyze smaller support zones near the current price on the price chart (e.g., based on Fibonacci levels, short-term moving averages).

* Reason: The market may have upward corrections after significant volatility.

* Risk: The recovery could be weak, and the price may continue to fall afterward.

* Potential Exit Point (If You Have a Buy Position): If you bought at a lower price, monitor potential resistance zones on the price chart to take profits.

Potential Short Entry Point (Higher Risk in the Current Context):

* Due to the lack of a significant short liquidation zone near the price, entering a short position right now could be risky if there is an unexpected price increase.

* Wait for Confirmation of Downtrend: If you want to short, wait for clear confirmation of a downtrend (e.g., breaking important support levels, formation of bearish candlestick patterns) before entering a trade.

Other Factors to Consider (Beyond the Liquidation Map):

* Technical Analysis: Use technical indicators (MACD, RSI, moving averages, etc.) on different timeframes to identify trends, momentum, and important support/resistance zones.

* Trading Volume: Monitor volume to assess the strength of price movements.

* News and Developments of the Sei Project: Stay updated on news and events that could affect SEI's price.

* General Market Sentiment: Monitor the overall sentiment of Bitcoin and the broader crypto market.

Important Advice:

* Never invest money you cannot afford to lose.

* Always set stop-loss orders to protect your capital.

* Conduct your own detailed technical analysis.

* Consider your risk tolerance.

* This is not investment advice.

To have a specific trading strategy and more "reasonable" entry/exit points for yourself, you need to combine information from the liquidation map with detailed technical analysis on the SEI price chart and assess other market factors. Remember that trading always involves risk.

#AltcoinSeasonComing #AltcoinTrade $BTC