Although both are popular L1, SUI and SEI have completely different trends. One is sinking into the quagmire of adjustment, while the other is advancing rapidly and breaking through the siege - what is the driving force behind it? What signals indicate a turnaround?
SEI: Strong upward trend, unstoppable
SEI's recent performance is amazing, and the fundamentals on the chain are in full bloom:
TVL soared to US$3 billion, an increase of more than 300% in just half a year.
The number of active addresses soared to 260,000, and the number of real users in the ecosystem is exploding.
The on-chain USDC exceeded 200 million US dollars, and the daily trading volume of DEX reached 640 million, with both funds and transactions active.
From a technical perspective, the SEI daily line has broken through the adjustment range, forming the embryonic form of a W-bottom pattern. Once it stabilizes at $0.21, the target will be directly in the $0.27~0.4 range.
Indicator support: RSI rebound + MACD golden cross expected, bullish momentum is accumulating.
SUI: The callback has not stopped, and funds are waiting and watching
On the other hand, SUI is in a technical downturn cycle:
Open interest continued to decline and market sentiment turned bearish.
The price fell below the key support, MACD crossed, RSI fluctuated at a low level, and capital inflows were weak (CMF was close to 0).
Currently, the price is oscillating within a descending wedge. Only by breaking through the upper edge of the wedge and returning to the $3 mark can it hope to regain the bullish rhythm.
Note: If SUI falls below the current wedge support, it will face the risk of further decline.
Core point: Don’t just focus on the K-line, fundamentals are king!
The rise of SEI is a trend driven by real ecological expansion and active users; while the pullback of SUI is an inevitable manifestation of weak on-chain data and cooling trading sentiment.
**For investors:
SEI can be bought at a low price when it falls back, and pay attention to the key breakthrough point of 0.21;
It is not advisable to chase high SUI in the short term. Wait for a confirmed breakthrough before considering intervention. **
The market will not always be divided, but the winners will always be those who can see the trends clearly and wait rationally.
It is not scary to chase the rise, what is scary is to chase the wrong direction.
