Sei (SEI) is currently trading at $0.083009, reflecting a 24-hour decline of 3.87%. The price is near the lower end of the daily range, which spanned from a high of $0.087162 to a low of $0.082909, indicating bearish momentum.

Trading volume stands at 62,408,364, with a volume-to-market cap ratio of 11.37%, suggesting a moderately active market. However, the persistent downward trend is evident as the 7-day price change has decreased by approximately 20.49%, and the 14-day change shows a larger decline of 23.98%.

Technical indicators show that the hourly moving averages are trending negatively, with the 8 SMA at $0.0845 and the 13 SMA at $0.0848 both declining by over 2%. The 1-hour RSI is at 32, indicating oversold conditions, but this alone does not suggest an immediate reversal in trend.

Longer-term trends are also unfavorable, as the 30-day price change reflects a significant decrease of around 36.72%. The 7-day RSI at 43 indicates weak bullish momentum, reinforcing the current bearish sentiment.

Given the overall technical and fundamental indicators, including a notable distance from the all-time high of $1.14 achieved in March 2024, market sentiment remains negative. Thus, the recommendation is to hold SEI for now, as further confirmation of a trend reversal is necessary before considering any buying opportunities.