Celestia's TIA faces structural selling pressure but spot demand may support a price rebound.

Celestia's token TIA has experienced sharp losses, partly due to a planned daily sell-off of about $67,000 worth of tokens by the team throughout July, totaling around $2.03 million. Despite this, strong spot market demand with $106.68 million in purchases and a positive Funding Rate indicate buyers might absorb the supply, potentially supporting a price recovery. Open Interest has declined slightly, reflecting some bearish sentiment, but the overall positioning remains mildly bullish. The liquidity heatmap shows buy orders clustered below current prices, suggesting possible support for a mid-term rally despite recent downward momentum.