Altcoins News
By Sakamoto Nashi
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Celestia (TIA) has delivered a surprising turnaround in the past 24 hours, surging by 16% and standing out among top crypto gainers—despite a broader bearish trend.
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Data from CoinGlass reveals that spot investors sold nearly $2.97 million worth of TIA over the past two days.
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This cautious optimism is reflected in sentiment metrics. According to CoinMarketCap, 78% of the community remains bullish on TIA’s near-term performance.
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Backing this bullish narrative is strong momentum in the derivatives market, where traders are actively betting on higher prices.
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Further strengthening the bullish case is the Taker Buy/Sell Ratio, which remains above 1. This metric indicates that buyers are dominating trading volume in the derivatives space.
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Notably, top traders on Binance—both by size of position and trading account—are currently long on TIA.
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From a technical standpoint, TIA also shows signs of recovery on the chart. After bouncing from the lower Bollinger Band, the price has broken through the middle band—a key…
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Supporting this bullish technical setup is the Relative Strength Index (RSI), which is gradually climbing.
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However, the bullish outlook isn’t without risks. While the spot investor sell-off currently appears to be profit-taking rather than panic, continued selling could begin to weigh…
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Still, for now, Celestia appears to be regaining strength, buoyed by derivatives traders, supportive sentiment, and a favorable technical setup.
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