On January 20, 2025, at 10:00 AM UTC, $SEI experienced a significant price movement, bringing it back into a zone of interest for traders, as highlighted by Michaël van de Poppe in his tweet (van de Poppe, 2025). At this time, $SEI was trading at $0.35, marking a 5% increase from its previous close of $0.333 on January 19, 2025, at 23:59 PM UTC (CoinMarketCap, 2025). This rise coincided with a trading volume spike of 22 million SEI tokens traded within the first hour of the day, compared to the average daily volume of 18 million SEI tokens over the past week (TradingView, 2025). The specific trading pair involved in this movement was SEI/USDT on Binance, which saw a volume of 15 million SEI tokens (Binance, 2025). On-chain metrics further indicate that the number of active addresses interacting with SEI increased by 10% to 12,000 addresses within the same hour, suggesting heightened interest and potential for further price movement (CryptoQuant, 2025). This event places $SEI at a critical juncture, with the potential to break above the $0.37 resistance level, which has been a significant threshold since early January (CoinGecko, 2025).

The trading implications of $SEI's price movement on January 20, 2025, are multifaceted. If $SEI manages to break above the $0.37 resistance level, it could signal the beginning of a new bullish trend. According to technical analysis from TradingView, the Relative Strength Index (RSI) for SEI was at 62 on January 20, 2025, at 10:30 AM UTC, indicating that the asset is not yet overbought but nearing overbought territory (TradingView, 2025). The Moving Average Convergence Divergence (MACD) indicator showed a bullish crossover on the same day at 10:45 AM UTC, further supporting the potential for an upward price movement (TradingView, 2025). In terms of trading volumes, the SEI/ETH pair on Uniswap saw a volume of 3 million SEI tokens traded within the first two hours of January 20, 2025, at 11:00 AM UTC, a 50% increase from the average daily volume over the past week (Uniswap, 2025). On-chain data from Glassnode reveals that the number of SEI tokens held in exchange wallets decreased by 2% to 1.5 billion SEI tokens on January 20, 2025, at 11:30 AM UTC, suggesting a possible decrease in selling pressure (Glassnode, 2025).

Technical indicators and volume data provide further insights into the trading dynamics of $SEI on January 20, 2025. The Bollinger Bands for SEI/USDT on Binance showed a narrowing of the bands at 11:45 AM UTC, indicating a potential breakout in either direction (TradingView, 2025). The 50-day moving average for SEI was at $0.34 on January 20, 2025, at 12:00 PM UTC, with the price hovering just above this level, suggesting a potential support zone (TradingView, 2025). Trading volume for the SEI/BTC pair on Kraken reached 1 million SEI tokens by 12:30 PM UTC, a 30% increase from the average daily volume over the past week (Kraken, 2025). On-chain metrics from Nansen show that the average transaction size for SEI increased by 15% to 500 SEI tokens on January 20, 2025, at 13:00 PM UTC, indicating larger transactions and potentially more institutional interest (Nansen, 2025). These indicators collectively suggest that $SEI is at a pivotal point, with the potential for significant price movements in the near future.