The crypto market is always buzzing with activity, and one coin that seems to be standing out amidst Bitcoin’s recent pullback is Sei (SEI). Analyst Pentoshi, with a large following on X, believes that SEI is showing signs of strength and is poised for a potential uptrend despite the market conditions. With SEI trading at $0.69, showing a 12.9% increase in the last 24 hours, it’s definitely a coin to keep an eye on.
But SEI is not the only coin that Pentoshi is bullish on. Celestia (TIA), another modular blockchain network, has caught his attention as well. With TIA breaking through resistance at around $7.00 and currently trading at $8.22, Pentoshi sees more upside potential for this coin in the near future.
What’s interesting to note is Pentoshi’s observation that altcoins may soon outperform Bitcoin. He points to the Bitcoin Dominance (BTC.D) index, which has dropped out of the 60% range. This shift could indicate that altcoins are gearing up to take the spotlight away from Bitcoin. With the BTC.D hovering at 58.61%, it’s a trend worth watching closely.
As the crypto market continues to evolve and present new opportunities, it’s essential to stay informed and keep a close eye on the latest developments. Whether it’s SEI, TIA, or any other altcoin, being aware of market trends and analyst insights can help investors make informed decisions in this ever-changing landscape.
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