Latest Sei (SEI) Price Analysis

By CMC AI
01 February 2026 03:53AM (UTC+0)

Why is SEI’s price down today? (01/02/2026)

TLDR

Sei (SEI) fell 6.66% over the last 24h, underperforming the broader crypto market's 5.8% decline. This extends a steep downtrend, with SEI down 51% over 90 days. Here are the main factors:

  1. Broad Market Sell‑off – The total crypto market cap dropped 5.8% amid “Extreme Fear” sentiment, dragging most altcoins lower.

  2. Technical Breakdown – Price broke below key moving averages and sits near oversold levels, triggering further selling.

  3. Token‑Unlock Overhang – A recent unlock of 55.56M SEI (worth ~$6.1M) added supply pressure in a weak market.

Deep Dive

1. Market‑Wide Risk‑Off (Bearish Impact)

Overview: The entire crypto market sold off sharply on February 1, 2026, with total market cap falling 5.8% to $2.66T. The CMC Fear & Greed Index hit “Extreme Fear” at 18, reflecting widespread panic and risk aversion (CoinMarketCap).
What this means: In such environments, capital typically flees higher‑risk assets like altcoins first. SEI’s drop slightly exceeded the market average, indicating it faced additional coin‑specific headwinds. Historically, extreme fear readings can precede short‑term bounces, but they also signal fragile sentiment where any negative news can amplify declines.

2. Technical Breakdown (Bearish Impact)

Overview: SEI trades at $0.0883, well below its 7‑day SMA ($0.1006) and 30‑day SMA ($0.1143). The RSI‑14 is 23.72, deep in oversold territory, while the MACD histogram is negative at –0.00178, confirming strong downward momentum.
What this means: Oversold conditions suggest selling may be exhausted near‑term, but the breach of all major moving averages signals a entrenched bearish trend. Traders often use these breaks as signals to exit or short, creating a self‑reinforcing cycle. The immediate pivot point at $0.0885 is now resistance; a hold below it could target the next Fibonacci support near $0.0826.

What to look out for: Whether SEI can reclaim the $0.089–$0.090 zone, which would suggest a temporary stabilization.

3. Token Unlock & Supply Pressure (Bearish Impact)

Overview: On January 15, 2026, 55.56 million SEI tokens (≈1% of circulating supply) were unlocked, valued then at ~$6.1 million (TheBuzzerrrr).
What this means: Unlocks increase circulating supply, and if recipients sell into a weak market, they exert downward pressure on price. Although the unlock occurred two weeks ago, the overhang can linger as holders gradually distribute tokens, especially when network demand fails to absorb the extra supply. This structural factor compounds the negative impact of broader market conditions.

Conclusion

SEI’s 24‑h drop stems from a toxic mix of market‑wide panic, severe technical breakdown, and lingering supply pressure from January’s token unlock. For holders, this implies continued volatility until either broader sentiment improves or SEI defends a clear support level.
Key watch: Can SEI hold above the $0.0826 swing‑low, and does the overall crypto market cap stabilize above $2.6T in the next 48h?

Why is SEI’s price up today? (28/01/2026)

TLDR

Sei (SEI) rose 0.60% over the last 24h to $0.106, a modest rebound after a 7.35% drop over the past month. The move slightly outpaces the total crypto market's 1.6% gain, suggesting some coin-specific interest. Here are the main factors:

  1. New Perpetuals Integration – Orbs' Perpetual Hub Ultra launched on Sei via Gryps on Jan 27, adding institutional-grade derivatives infrastructure.

  2. Resilient On-Chain Activity – Sei maintains over $15M in daily DEX volume even in downturns, signaling underlying demand.

  3. Oversold Technical Bounce – RSI levels near 39 indicate weakened selling pressure, allowing for a short-term relief rally.

Deep Dive

1. New Perpetuals Integration (Bullish Impact)

Overview: On January 27, 2026, Orbs announced that Gryps integrated its Perpetual Hub Ultra to enable on-chain perpetual futures trading on the Sei Network (Decrypt). This provides a fully managed, professional trading stack focused on execution certainty and capital efficiency.

What this means: The integration directly enhances Sei's DeFi utility by attracting sophisticated traders and liquidity to its ecosystem. By offering a turnkey perpetuals infrastructure, Sei becomes more competitive with centralized exchanges, which could increase network usage and fee generation. Positive news flow around such partnerships often triggers short-term buying from investors anticipating higher future demand for the SEI token.

What to look out for: Monitor whether this integration leads to a sustained increase in Sei's perpetual trading volume, currently at $28.81 million over 7 days (AMBCrypto).

2. Resilient On-Chain Activity (Bullish Impact)

Overview: Despite broader market weakness, Sei has demonstrated notable on-chain strength, sustaining over $15M in daily DEX volume and recording consistent growth in daily active users (CoinMarketCap Community).

What this means: Steady user engagement suggests real utility and organic adoption, distinguishing Sei from networks reliant on speculative spikes. This underlying demand can provide price support during sell-offs and build a foundation for recovery when sentiment improves. For traders, resilient metrics reduce the perceived risk of a deep collapse, encouraging accumulation at lower prices.

3. Oversold Technical Bounce (Mixed Impact)

Overview: SEI's 7-day RSI is at 38.82, indicating the asset is in oversold territory and selling momentum has weakened. The price is trading just above the critical Fibonacci 78.6% retracement support level at $0.10785.

What this means: An RSI below 40 often precedes a short-term technical rebound as sellers exhaust themselves. This condition, combined with the price holding above the $0.10–$0.12 support zone, allows for a relief rally. However, the broader trend remains bearish, with the price still well below all key moving averages (e.g., the 200-day SMA at $0.22033). This bounce could be fleeting if broader market sentiment doesn't improve.

What to look out for: Watch if SEI can reclaim the 50% Fibonacci level at $0.11786; failure to do so would confirm the downtrend's persistence.

Conclusion

SEI's minor gain is driven by a combination of fresh utility from a key partnership, underlying network resilience, and a technically oversold condition. For holders, this suggests the asset is finding a base, but sustained recovery depends on the market absorbing recent token unlocks and the upcoming Giga upgrade delivering promised performance gains.

Key watch: Can Sei's perpetual trading volume hold above $30M this week, confirming the Orbs integration is driving real usage?

CMC AI can make mistakes. Not financial advice.