Sei Token Shows Bullish Signs, Could Trigger a Breakout?

The cryptocurrency market is experiencing renewed momentum as anticipated US Federal Reserve rate cuts provide support. Ethereum’s price remains stable at $4,350. Meanwhile, the altcoin market exhibits increasing potential for upward movement, including the layer-1 token Sei (SEI). 7% gains have been observed in SEI over the past week, and its chart reveals a bullish reversal pattern hinting at a breakout.