It first hit 0.762, setting a new high for 2026, then fell back to 0.668 just a few hours later—wiping out the entire day’s gains.

I talked this morning about the two forces behind this move: the launch of the Eden testnet and a record $2.2 million in net spot inflows. Now add one more figure: $258 million in 24-hour trading volume, several times the usual amount. The volume is real, but the price can’t hold—that suggests tokens are changing hands, not being locked up.
👉 关注我,点击进入聊天室,学习更多策略
I’ve seen this pattern many times: a narrative sparks the move, leverage piles on, then spot holders distribute—the whole cycle in three steps. The real question isn’t today’s high; it’s whether the price can stay above 0.65 over the next three days. If it holds, that would mean new money is treating it as a position. If it doesn’t, this will be another case of an “AI narrative in disguise.”

My view is cautious: on-chain revenue hasn’t kept pace with the price. This rally is driven by expectations, not usage.

Which side are you on: brave enough to catch this knife on the pullback, or waiting for it to break below 0.6 before weighing in?
#celestia涨16%创2026年新高