#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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SEI Price Spikes 16% — Beginning of a Massive Rally?
SEI broke out of a six-month wedge, triggering a 35% rally in three days.
Trading volume doubled, and MACD confirmed bullish momentum with a strong crossover signal.
Rumors of ecosystem updates spark investor interest, fueling speculation of a larger move.
Sei — SEI, didn’t just climb recently—it exploded. While most crypto assets stood still, SEI leaped 16%. That’s not a minor pump; that’s a rocket igniting. The move caught traders off guard, but the signs were there. SEI had been quietly building pressure like a coiled spring. Now, it’s breaking free from months of sluggish movement. Could this be the start of something bigger, or just another short-lived spike?
Breakout From the Wedge Sparks Momentum
SEI burst through a six-month descending broadening wedge pattern. That’s no random breakout—it’s technical validation. Since June 17, SEI jumped from $0.1596 to $0.2136. That’s a 35% climb in just three days. This kind of momentum doesn’t show up out of nowhere. Daily trading volume doubled to $268 million, showing intense buyer interest. Market cap rose by 13%, reaching $1.18 billion.
Something is brewing beneath the surface. Crypto analyst FOUR called attention to the wedge breakout on X. He suggested a potential run toward $0.80. That may sound bold, but bullish setups often start with disbelief. MACD adds more fuel. The MACD line crossed above the signal line, forming a clean bullish crossover. The histogram flipped green, reinforcing the case for more upside.
What’s Behind the Buzz?
On the chart, SEI also crossed the 20-day simple moving average. The price now presses against the upper Bollinger Band. The bands are widening, signaling a new trend phase. Rumors swirl around SEI’s ecosystem. Speculation points to a major update or possible partnership announcement. While nothing official has surfaced, the market often reacts before news drops.
The sudden jump in trading and social media attention suggests more than just hype. Investor Viktor, a respected market watcher, hinted at something big behind the curtain. He believes the pressure building over months could now release in waves. RSI currently reads 57.74—bullish but not yet overheated. If SEI holds above $0.21 and cracks $0.25, $0.32 could be next. That’s a level worth watching, especially if this volume surge continues.
For now, the community seems to have noticed. Forums, chats, and platforms buzz with excitement. Momentum has shifted. Bears blinked. Bulls stepped in. So, is this just the beginning? It might be. SEI finally woke up. And when sleeping giants rise, they don’t tiptoe.