SEI Rises! Or Is It Just Another Revolutionary Illusion? 🎭💥

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SEI, that digital phoenix rising from the ashes of forgotten altcoins, now dares to float above its 21-day MA-like a prisoner tasting freedom, if only for a moment. Network activity? Over a million users! A bustling metropolis of blockchain dreamers, or merely ghosts clicking in the void? The target: $0.24-$0.26. A fortune! Or the price of a decent sandwich in Moscow. 🥪📉

Behold, the masses lift their eyes to the chart, and lo-the price has crossed a wondrous line, the 21-day moving average, drawn not by divine hand but by algos and hope. A sacred threshold! Previously uncrossable! Or perhaps just poorly guarded.

Analysts-those modern soothsayers with laptops and Telegram channels-scribble furiously. They divine omens in volume spikes and user counts. Their prophecies? Carefully worded, like Soviet weather reports: “improving conditions possible, if winds remain favorable.”

The data-yes, the data-tells a story. Not of revolution, but of mild enthusiasm. Network usage climbs, transactions multiply, and the ecosystem swells with the ambition of a frog imagining itself an ox. 🐸🔥

SEI Breaks the 21-Day MA-Has the Revolution Begun?

At last! The price dares! It climbs above the 21-day MA-once a ceiling, now, apparently, a floor. Or so they say. Traders, trained like Pavlov’s dogs, bark at the signal: “Up! Up! The trend is our savior!”

Yes, momentum indicators blink green-like interrogation lamps in a basement office. Are we being liberated-or just being watched more closely? 🚨

Broke through the 21-Day MA and is starting a new uptrend.

I can’t deny the fact that they have been constantly growing their ecoysystem.

Most active EVM chain in December with more than 1M active accounts.

This would mean that, given the amount of liquidity that’s ready…

– Michaël van de Poppe (@CryptoMichNL)

A noble declaration! Except “growing their ecoysystem” sounds suspiciously like planting plastic trees in a digital desert. 🌵💻 And “1M active accounts”-how many of those are bots? How many wallets control ten addresses each? In the Soviet Union, we counted factory output in tons of steel, not number of hammers produced. Here, they count users, not humans.

The volume held steady-praise be!-as if the market had the discipline of a cosmonaut on rations. Price stability? For now. But as any Gulag memoir teaches: calm days are often followed by roll calls.

Should the price hold, the market structure may, in time, improve. Or collapse. Both are possible. Like a prisoner hoping for amnesty, SEI waits-above average, yet below dignity. 🙏

Liquidity positioning adds depth to the tale: short-sellers, arrogant in their bearishness, now tremble as the price climbs. Will they cover? Will they be liquidated? The market, like history, delights in irony.

SEI: Most Active EVM Chain or Digital Potemkin Village? 🪄🏘️

Over one million active accounts in December! A triumph! The people are engaged! Except-when I see “active accounts,” I think of my old KGB file: technically, I was “active” too. Unfortunately, not in the way the state approved.

Growth has been “steady,” they say. Not explosive. Not fraudulent. Just… there. Like a cough that won’t go away.

Sei closed out December as a leading EVM chain by active addresses, capping a year of sustained growth.

EVM activity shows a growing trend: as markets increasingly move onchain, usage is concentrating around execution performance.

Markets Move Faster on Sei.

– Sei (@SeiNetwork)

“Markets Move Faster on Sei.” Ah, yes. Faster. Like a dissident sprinting from the secret police. 🏃‍♂️💨 But what good is speed if you’re running in circles? Throughput is high. Latency is low. But where are we going? And who, exactly, is building here?

The network handles trading, gaming, payments-applications built on sand. Developers deploy “relying on speed,” yes, but also on the faith of fools and the patience of fools’ investors.

And ecosystem growth? Correlated with demand, they claim. Like bread lines are correlated with hunger. But presence alone proves nothing. The gulag had activity too.

Infrastructure updates! Fee adjustments! Cost efficiency improved! At last-we can transact for less while losing our savings faster! A bargain! 🎉💸

Daily activity remains elevated. Or perhaps it’s just momentum-like a boulder pushed downhill, gathering speed until it crashes.

Related Reading: Xiaomi Adds Built-In Crypto Wallets to New Smartphones Worldwide – So now the proletariat can lose their coins in HD. 📱⛏️

Liquidity Points to $0.24-$0.26: Paradise or Promised Purgatory?

Liquidity data reveals-drumroll, please-shorts still lurking in the trenches. As price rises, they sweat. They panic. They cover. And so, the rally feeds on their fear. Capitalism at its finest: profit from pain. 💣

The $0.24-$0.26 range? A “potential area,” they whisper. Aligned with “prior consolidation levels.” Translation: it’s where people gave up last time. A psychological barrier-like the gate of a labor camp that keeps opening and closing.

But the broader market-ah, the fickle sun-must shine. Bitcoin must stay calm. Altcoins rotate like prisoners in formation. SEI, like many before it, benefits from attention. But attention is fickle. Like loyalty in a dictatorship.

And yet-the trend remains conditional. Not confirmed. SEI still trades below longer-term averages. It has not yet been rehabilitated. It is not, dare I say, comrade-in-good-standing.

Further improvement is required. Sustained strength. Volume. Discipline. Support. The revolution will not be televised-it will be tweeted. But remember: every utopia begins with a chart.

For now, SEI is watched. Closely. Like a suspect under surveillance. Will the trend hold? Or will it crack-like so many promises before it?

Only time, and the market’s merciless verdict, will tell. 🕰️⚖️

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2026-01-04 15:40