噸幣面對銷售壓力，但積累上升

自2024年8月以來，Telegram創始人Pavel Durov在法國被捕以來，Toncoin面臨著巨大的銷售壓力。曾經交易的代幣曾接近6.80美元，在過去的六個月中急劇下降了30％。

Toncoin has faced selling pressure since August 2024, following the arrest of Telegram founder Pavel Durov in France. The token, which once traded near $6.80, has seen a sharp decline of 30% over the past six months.

自2024年8月以來，托金幣在法國被捕創始人帕維爾·杜羅夫（Pavel Durov）被捕後面臨銷售壓力。曾經交易的代幣曾接近6.80美元，在過去的六個月中急劇下降了30％。

French authorities arrested Durov at Le Bourget airport near Paris, linking Telegram to illegal activities, including drug trafficking and child abuse material distribution. Though released from custody, Durov remains under formal investigation and cannot leave France. His legal issues have directly impacted Toncoin, triggering uncertainty among investors.

法國當局在巴黎附近的勒布爾特機場逮捕了杜羅夫，將電報與非法活動聯繫起來，包括販毒和虐待兒童材料分配。儘管被釋放，但杜羅夫仍在正式調查中，不能離開法國。他的法律問題直接影響了托幣，引發了投資者的不確定性。

Despite the turbulence, Toncoin still holds a 128% yearly gain, demonstrating resilience in a volatile market. However, traders remain cautious as regulatory scrutiny over Telegram could further affect the token’s performance. The uncertainty surrounding Durov’s case continues to influence market sentiment, creating both risks and opportunities.

儘管有動盪，但托幣仍保持128％的年收益，這表明在動蕩的市場中的韌性。但是，交易者仍然謹慎，因為對電報的監管審查可能會進一步影響令牌的表現。杜羅夫案的不確定性繼續影響市場情緒，既帶來風險和機遇。

Since Durov’s arrest, investors have offloaded over 890,000 Toncoin, leading to a 29% drop in market capitalization. Toncoin, currently ranked 14th among cryptocurrencies, now trades around $4.80 with a market cap of $12.06 billion.

自杜羅夫（Durov）被捕以來，投資者已將超過890,000噸的托幣卸載，導致市值下降了29％。目前在加密貨幣中排名第14位，現在的市值為120.6億美元。

Despite persistent selling, the accumulation/distribution indicator points to increasing accumulation since November, shortly after Donald Trump’s election victory. Traders remain divided on whether Toncoin has reached its bottom or if further losses are ahead. While some see the token as oversold, others anticipate additional downside due to lingering uncertainty. The mixed signals from market indicators keep investors on edge as they await clarity on regulatory developments.

儘管持續銷售，但自11月以來，唐納德·特朗普（Donald Trump）大選勝利後不久，積累/分銷指標表明積累越來越高。貿易商在噸幣是否達到其最底層或是否進一步損失方面仍然存在分歧。雖然有些人將令牌視為超賣，但其他人則預計由於不確定性持續而導致額外的缺點。市場指標的混合信號使投資者在等待監管發展時保持優勢。

Toncoin (TON) technical analysis

噸幣（TON）技術分析

TON's 4-hour chart shows a clear descending trend, with lower highs and lower lows defining its movement. The $4.82 level has emerged as strong support, with price stabilization hinting at a potential reversal. If Toncoin climbs above $4.90 and sustains gains beyond $5.00, it could rally toward $5.30.

Ton的4小時圖表顯示出明顯的下降趨勢，高低降低和較低的低點定義了其運動。 $ 4.82的水平已成為強大的支持，價格穩定暗示了潛在的逆轉。如果噸幣攀升到4.90美元以上，並保持超過5.00美元以上的收益，則可能會漲到5.30美元。

However, a close below $4.80 with high selling volume could drive the price lower, potentially testing the $4.60 or $4.00 levels. The daily chart shows Toncoin hovering near the lower Bollinger Band since early January 2025, signaling oversold conditions. While this could attract buyers, the downward trend of the lower Bollinger Band warns traders against premature long positions.

但是，低於$ 4.80的售價低於售價高的售價可能會降低價格，並可能測試$ 4.60或4.00美元的水平。每日圖表顯示，自2025年1月上旬以來，湯幣徘徊在下Bollinger樂隊附近，這標誌著超售條件。儘管這可能會吸引買家，但下鮑林樂隊的下降趨勢警告交易者過早的頭寸。

Toncoin remains at a critical juncture as investors weigh legal uncertainties against technical signals. The market's next move depends on whether accumulation gains momentum or selling pressure intensifies.

隨著投資者權衡法律不確定性與技術信號的權衡，Toncoin仍然處於關鍵關鍵時刻。市場的下一步行動取決於積累的增長還是銷售壓力會加劇。