Celestia's Market Situation and Price Predictions
Recently, the performance of Celestia (TIA) cryptocurrency in the market is showing an overall downward trend. This volatility in the market has led to a decline in investors' interest. Especially its high correlation with Bitcoin stands out as an important factor in the depreciation of TIA.
Down in Open Interest and Investor Behavior
Open interest rates on TIA have decreased significantly over the past month. This shows that investors in the market are starting to concentrate only on profitable transactions. Investors prefer to wait until they observe a stable situation in the market.
TIA's market cap continues to decline, especially in line with the declines in Bitcoin. This situation strengthens expectations that TIA may continue its downtrend in the near future.
Price Predictions for the Future
Celestia's current price movements showed a decline towards the $9.2 support level. If this support is broken, TIA could drop to $8.3 or even $7 levels. However, if the market holds the $8.3 support intact, there is a chance that TIA will rise again and reach the $10 level.
