The price of the SEI token is currently testing crucial support levels at $0.118 and $0.113, with its near-term direction heavily dependent on broader market sentiment and Bitcoin's performance. Analysts are closely watching whether SEI will hold these levels to form a base for a potential rally or break down to new lows.
Market expert Lennaert Snyder noted that SEI is grinding towards key support for potential long positions, with a reversal from $0.118 possibly targeting the $0.134 resistance. However, he emphasized that confirmation is needed before executing trades. "If SEI fails to hold the $0.118 support, the next key level to watch is around $0.113," the analysis states, highlighting the importance of patience for traders awaiting a clear trend reversal signal.
Bitcoin's influence is a paramount factor. Snyder observed on December 21, 2025, that "$SEI is following our plan perfectly" after breaking below the $0.1106 support, and its continuation short depended on Bitcoin's next move. A rebound in Bitcoin from its own support could provide the momentum for SEI to recover, whereas continued weakness in BTC could drag SEI lower.
Conversely, another analysis from Merlijn The Trader points to quiet absorption at the support zone rather than aggressive selling. Charts show structure improving with multiple trendlines reclaimed, suggesting sellers are losing control. "SEI isn't being chased. It's being absorbed. Support defended. Trendline reclaimed. Risk defined," the analyst tweeted. The 4-hour chart shows SEI trading around $0.1209 with compressed volatility and modest volume, indicating a phase of positioning that often precedes larger directional moves.
The overall market sentiment remains cautious, with traders emphasizing risk management due to weak weekend volumes and broader uncertainty. The key takeaway is that SEI's fate hinges on its ability to defend defined support levels and the subsequent directional cue from the Bitcoin market.
