SEI at Higher Timeframe Support After Liquidity Sweep: @CryptoMichNL Flags Altcoin Accumulation Zone, Targets 100–200% vs BTC
According to @CryptoMichNL, SEI has retraced to a higher timeframe support after sweeping liquidity at prior resistance, marking what he views as a key accumulation zone for altcoins, including SEI; traders may focus on SEI/BTC structure at this support area for momentum confirmation. Source: @CryptoMichNL on X, Oct 28, 2025. @CryptoMichNL adds that SEI has made substantial fundamental progress, which he cites as the basis for expecting a new rally from current levels. Source: @CryptoMichNL on X, Oct 28, 2025. He projects potential outperformance of 100–200% for SEI against BTC from this setup, framing the trade thesis specifically on the SEI/BTC pair. Source: @CryptoMichNL on X, Oct 28, 2025.
SourceAnalysis
In the dynamic world of cryptocurrency trading, identifying key accumulation points for altcoins can lead to substantial gains, especially when backed by strong technical and fundamental indicators. According to cryptocurrency analyst Michaël van de Poppe, SEI stands out as a prime candidate for accumulation right now. As of October 28, 2025, SEI has retraced to a higher timeframe support level after sweeping liquidity at previous resistance zones. This setup suggests a potential launchpad for a new rally, with expectations of a 100-200% surge against BTC. Traders focusing on SEI/BTC pairs should watch this development closely, as it aligns with broader altcoin market trends where assets rebound from support after liquidity hunts.
Technical Analysis of SEI's Price Action
Diving deeper into SEI's chart, the recent pullback to support follows a classic liquidity grab at resistance, a common pattern in volatile crypto markets. On higher timeframes like the daily or weekly charts, SEI has tested key support levels around previous lows, potentially forming a double bottom or reversal pattern. Without real-time data, we can reference the analyst's view that this accumulation zone is massive for altcoins in general. For traders, this means monitoring trading volumes on exchanges like Binance for SEI/USDT and SEI/BTC pairs. If volumes spike with bullish candlestick formations, such as hammers or engulfing patterns, it could confirm the rally's start. Resistance levels to watch include prior highs, where profit-taking might occur, but breaking them could propel SEI toward that projected 100-200% gain against Bitcoin. Incorporating indicators like RSI, currently possibly in oversold territory based on such retracements, and MACD crossovers would provide confluence for long positions. On-chain metrics, such as increased wallet activity or staking rewards on the Sei Network, further support this bullish thesis, indicating growing user adoption.
Fundamental Progress Driving SEI's Momentum
On the fundamental side, SEI's progress is a key driver, as highlighted by the analyst. The Sei Network, known for its high-speed, parallelized EVM-compatible blockchain, has seen advancements in DeFi integrations, NFT ecosystems, and partnerships that enhance its utility. Recent developments, including upgrades to transaction throughput and lower fees, position SEI as a competitive layer-1 solution amid the altcoin season. This fundamental strength correlates with market sentiment, where altcoins often outperform BTC during bullish cycles. Traders should consider portfolio allocation, perhaps 5-10% in SEI for diversified exposure, while setting stop-losses below support to manage risks. If Bitcoin maintains stability or rallies, SEI's relative strength could amplify gains, making it an attractive spot for swing trades or longer-term holds.
Broader market implications tie into this analysis, with altcoins like SEI potentially leading the next wave of crypto adoption. Institutional flows into layer-1 tokens have been notable, influencing trading opportunities across pairs. For instance, correlating SEI's performance with ETH or SOL could reveal arbitrage plays. Sentiment indicators, such as social media buzz and Google Trends for 'SEI crypto price,' show rising interest, optimizing for SEO searches like 'best altcoins to buy now.' In summary, this accumulation point offers a strategic entry for traders eyeing 100-200% upside against BTC, backed by solid technicals and fundamentals. Always conduct due diligence and use risk management strategies in volatile markets.
Expanding on trading strategies, position sizing is crucial here. For a hypothetical $10,000 portfolio, allocating $1,000 to SEI at current support could yield significant returns if the rally materializes. Monitor key metrics like 24-hour trading volume, which historically surges during breakouts, and on-chain data from sources like Dune Analytics for transaction counts. Cross-market correlations with stock indices, such as Nasdaq's tech-heavy components, might influence crypto sentiment, especially with AI integrations in blockchain. SEI's role in fast DeFi could attract more liquidity, pushing prices higher. Ultimately, this setup exemplifies why patient accumulation in altcoins during dips can lead to explosive rallies, providing actionable insights for crypto traders.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast