After the news that Pavel Durov's passport was returned by French authorities, the value of #TON反弹 $TON on Telegram surged over 20%. The TON Association views this as a victory for freedom of speech, online privacy, and innovation. This wave of growth has heated up the market, with on-chain transaction volume skyrocketing and open contracts surging 67% within 24 hours, indicating that capital is accelerating into the market. From a technical perspective, if $TON can hold above the key resistance of $3.5, the next target may be $5-6, or even higher; however, if it falls back below the support of $3, a short-term rebound may just be temporary. The long-term momentum of TON relies on the implementation of ecological applications and user conversion from Telegram, while regulatory risks remain a potential variable. Is $TON just a temporary hype, or the starting point of a new round of increases? As a trader, I tend to look for low-position opportunities after a short-term correction, but position management is crucial. When market sentiment is high, it is often also a time when risks are lurking. What do you think about this market trend? Is it time to increase positions in $TON, or should we wait for the situation to clarify? Feel free to share your analysis and strategies!