Sei Soars to 6-Month Peak Above $0.35 — Will the Rally Survive a $20M SEI Token Unlock?

Sei's native token just smashed through a half-year ceiling—but the champagne might need to stay on ice. A $20 million SEI unlock looms, threatening to test whether this rally has legs or just FOMO-fueled wings.

The Bull Case:
Network activity and developer momentum suggest genuine traction. Unlike some 'vaporware chains' (looking at you, zombie L1s), Sei's actually shipping upgrades.

The Bear Trap:
Token unlocks have a nasty habit of becoming sell-the-news events. And let's be real—crypto 'investors' still think 'circulating supply' is a suggestion rather than math.

One thing's certain: whales are watching. Whether this becomes a breakout or a bull trap depends on who's holding the bags post-unlock.

However, the commodity channel index has moved into a high-risk area, indicating that there may be a short-term overextension of the token, which may result in a pullback. While there’s no immediate reversal signal, any shift in sentiment around the unlock could trigger a cooldown.

Sei may try to run toward $0.40 or higher if it breaks clear above $0.36 with increasing volume. The bullish setup WOULD be weakened by a rejection and a close back below $0.33, which might allow for short-term profit-taking.