#TON Recently, there have been some "sticking points". Over the past month, the price has repeatedly touched 1.70 USD but has not been able to effectively break through. Even though Bitcoin has regained stability at 94,500 USD, TON has still slightly retreated in the past week, showing a clear weakening trend.
The key remains at the 1.70 USD level. Analysis suggests that once it successfully stabilizes, there is a chance for a short-term rebound, but on-chain data is also reminding us of the risks. The 90-day MVRV is rising rapidly, indicating that many holders are already in the profit zone and may choose to cash out at any time.
The open interest has increased, making it look lively, but the average coin age has not kept up, resembling more of a short-term capital play rather than long-term funds entering the market.
Overall, TON is more suitable for short-term participation; rebounds are possible, but remember to take profits at key price levels in a timely manner and don't have overly high expectations for the trend. #美联储降息
The key remains at the 1.70 USD level. Analysis suggests that once it successfully stabilizes, there is a chance for a short-term rebound, but on-chain data is also reminding us of the risks. The 90-day MVRV is rising rapidly, indicating that many holders are already in the profit zone and may choose to cash out at any time.
The open interest has increased, making it look lively, but the average coin age has not kept up, resembling more of a short-term capital play rather than long-term funds entering the market.
Overall, TON is more suitable for short-term participation; rebounds are possible, but remember to take profits at key price levels in a timely manner and don't have overly high expectations for the trend. #美联储降息
