Price Position and Structural State
Sei (SEI) closed at 0.0484 USDT on July 15, 2026, down 0.19%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.04441 USDT, with resistance near 0.07318 USDT. A daily close below 0.04441 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
SEI is trading below all key moving averages. MA9 at 0.048481 USDT stands as the first moving-average resistance area to watch. Price sits 9.13% below MA50, within its historical distance range of -42.05% to 148.18%. The moving-average structure is bearish without showing extreme downside extension.
Trading Friction and Price Efficiency
SEI shows high trading friction, with a 3-day friction score of 26.3. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest increased +4.43% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is near neutral across the 24-hour and 7-day averages, at -0.000041% and +0.000667%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 1.18, showing near balance between long and short accounts. It sits near the middle of its 60-day range, so account-side positioning looks balanced.
Correlation, Beta, and Index Relationship
SEI shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.169 | 0.225 | 0.028 | Weak linkage |
| 60D | 0.566 | 0.903 | 0.32 | Moderate linkage |
| 180D | 0.724 | 0.907 | 0.525 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
SEI remains in a low-volatility setup. ATR% reads 5.87, close to the bottom of its full historical range, and Bollinger Band width% reads 11.62, close to the bottom of its full historical range. 20-day Volume Z-score is -0.73, so participation is not forcing a broader move yet.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +2.30%, while RSI is 43.56.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. SEI has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
Key Levels for the Next State Change
For SEI, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.07318 USDT establishes a bullish regime, while a daily close below 55-day support at 0.04441 USDT confirms a bearish regime.