Sei: $1.82 (3200%) New All-Time High—Everything Changes Better

[lingriiddd]

SEI is presenting one of the strongest bearish cycle in the entire market. A new all-time low is present recently and this signals the end of the bear market. As the all-time low comes in, I am seeing a reversal supported by high volume, giving us the potential and opportunity of a bottom-catch.

SEIUSDT turned bearish since March 2024, that's a 2 years long bear market; this is easy for the market.

The market doesn't consider the length or size of the cycle, it is not affected by its duration. It has no qualms with what we might think, experience or believe. The market does what it does. If the market decides to go bearish for five years, we get five years of bearish action regardless of popular wisdom or past market cycles. In contrast, if the market decides to turn bullish for ten years straight, you will see unstoppable growth and the market has no way to determine what you consider to be too much, too long, high or low; when it goes, it goes.

This is the beauty of the uncertainty of reality. Things get pretty bad on one side, but everything can also turn out pretty awesome. Look at the stock market as an example, it went on a bull market lasting almost two decades. What prohibits the Cryptocurrency market from doing the same?

Nothing. I just answered my own question and you can disagree if you like but this doesn't change the fact that market conditions, life conditions, will continue to change. Everything is changing for the better when it comes to Crypto.

Thank you for reading.

[tradelikepro]

new ATL + high volume bounce is a classic early reversal signal, but confirmation still matters

[kevin1]

the volume spike is interesting, but i’d still want to see follow-through and structure change before calling it a confirmed bottom.