Celestia defies bears with 16% rally – But will profit-taking kill TIA?

• Bullish derivative traders have driven TIA’s rally by opening long positions in the market.
• Amid the buy pressure, spot investors have shown bearish intent and have begun selling.

Celestia [TIA] recorded one of the strongest gains in the market over the past 24 hours, rallying by 16% despite the bearish sentiment that has dominated in recent weeks and dragged the asset down by 26%.

While derivative traders are betting on further upside, AMBCrypto found that the spot cohort was taking the opposite stance—offloading TIA. What does this mean, and how might the market respond?

Spot investors offload $2.97M TIA

Spot market investors have exhibited a bearish stance in the past 48 hours, with selling activity dominating.

CoinGlass data on Spot Exchange Netflow—which tracks the volume bought and sold by this cohort—shows that investors sold $2.97 million worth of TIA.

This selling pressure, despite the rally, suggests two major possibilities: profit-taking or a sell-off due to a lack of confidence.

However, further analysis indicates that profit-taking is the more likely reason behind the recent sell-off.

Despite this, sentiment data shows that investors are still interested in increasing exposure to TIA in the coming days.

At press time, Community Sentiment data on CoinMarketCap showed that 78% of investors expect the uptrend to continue.

If this sentiment persists, it’s likely that more liquidity will flow into TIA, supporting additional accumulation.

Derivatives market backs continued upside for TIA

The Futures market has seen a continued surge in long positions.

At press time, analysis of the Open Interest Weighted Funding Rate on CoinGlass—a key indicator of bullish or bearish momentum—showed a bullish bias with a positive reading of 0.0057%.

This suggests that there are more open long contracts than short ones.

Additionally, derivative buying volume remains strong. This is measured using the Taker Buy/Sell Ratio, where a reading above 1 indicates dominant buy pressure.

At the time of analysis, the ratio stood above 1, signaling that buyers are in control.

Notably, traders ranked among the top investors by position and account on Binance are long on TIA, with readings of 1.6794 and 1.7624, respectively.

TIA eyes $1.89 target as indicators align

AMBCrypto’s analysis indicates a potential price target for TIA based on Bollinger Bands (BB).

The Bollinger Bands (BB) identify potential price movements through three key levels: the upper band (resistance), the middle band (dynamic support/resistance), and the lower band (support).

TIA has already bounced from the lower band, cleared the middle band resistance, and now moves toward the upper band at $1.89.

The Relative Strength Index (RSI) confirms this upward momentum as it continues to rise.

Although the RSI still sits below the neutral 50 mark, a steady climb into the 50–70 range would strengthen the case for TIA reaching $1.89.