Toncoin (TON) has dropped by 10.38% in the past week, falling from around $3.60 to $3.32, with clear selling pressure 📉. The Chaikin Money Flow (CMF) indicator remains negative, and the RSI is hovering in the middle, indicating that bullish momentum is somewhat weak 😕.

On August 9, Telegram announced that it would deepen blockchain integration, which briefly stimulated a 1.75% rebound in TON, breaking the consolidation, but this rebound was quickly crushed by bears, and the market fell again over the weekend 🐻.

Overall, Toncoin still faces pressure, with intense battles between bulls and bears, and the short-term trend is weak. Investors should remain cautious and pay attention to subsequent developments 👀. #Toncoin #tonecoin #加密货币