CFTC-regulated OG.com just launched $SEI perpetuals with a 100 $SEI minimum order, no expiry, funding every 8 hours. $SEI ’s already up 5% in 24h to $0.0657, greed index at 63/100.
Most of you are already FOMOing into this news, but let’s cut the crap. Hype from a new listing doesn’t automatically push price higher, especially when the crowd’s already greedy enough to buy the top.
Bull case: $SEI needs to hold above $0.065 for 2 full funding cycles with positive funding rates to confirm real demand. Bear case: A drop below $0.062 with rising open interest means this was just a sell-the-news pump. No need to chase either side right now.
#Write2Earn #BinanceSquare #SEI PerpetualFutures #TradingTournament
Most of you are already FOMOing into this news, but let’s cut the crap. Hype from a new listing doesn’t automatically push price higher, especially when the crowd’s already greedy enough to buy the top.
Bull case: $SEI needs to hold above $0.065 for 2 full funding cycles with positive funding rates to confirm real demand. Bear case: A drop below $0.062 with rising open interest means this was just a sell-the-news pump. No need to chase either side right now.
#Write2Earn #BinanceSquare #SEI PerpetualFutures #TradingTournament