Toncoin (TON): Bullish Momentum Supported by Changing Investor Behavior

Toncoin (TON)：投資者行為變化支持看漲勢頭

Toncoin (TON) has witnessed a significant price surge, attracting attention from investors and market analysts. Data from IntoTheBlock and Santiment reveals insights into the broader metrics driving this upward trend.

Toncoin（TON）的價格大幅上漲，吸引了投資者和市場分析師的注意。來自 IntoTheBlock 和 Santiment 的數據揭示了推動這一上升趨勢的更廣泛指標的見解。

Holdings Distribution Shifting

持股分佈轉移

The holdings distribution chart from IntoTheBlock highlights shifts in the distribution of TON across different investor groups. In the past 30 days, retail investors holding between $0.00 and $10.00 have increased their positions by 21.12% and 34.31%, respectively, indicating growing interest from smaller investors.

IntoTheBlock 的持股分佈圖突顯了 TON 在不同投資者群體中的分佈變化。過去 30 天，持有 0.00 美元至 10.00 美元的散戶投資者的持倉量分別增加了 21.12% 和 34.31%，顯示中小投資者的興趣不斷增長。

However, the data shows reductions in holdings among midsize and larger investors. Addresses holding between $100 and $1k, $1k to $10k, and $10k to $100k have decreased their positions by 13.98%, 22.78%, and 25.15%, respectively. Additionally, whale investors holding between $1M and $10M have declined by 8.64%, and those holding over $10M saw a reduction of 27.70%.

然而，數據顯示中型和大型投資者的持股量減少。持倉量在 100 美元至 1000 美元、1000 美元至 10k 美元、10k 至 10 萬美元之間的地址的持倉量分別減少了 13.98%、22.78% 和 25.15%。此外，持有 100 萬美元至 1,000 萬美元的鯨魚投資者下降了 8.64%，持有 1,000 萬美元以上的鯨魚投資者下降了 27.70%。

Market Activity Trends

市場活動趨勢

Data from Santiment provides further insights into Toncoin's market activity. The market cap surged past $26 billion in April 2024 but has since declined to approximately $12.88 billion. This decrease corresponds with a drop in active addresses, indicating a decline in investor participation.

來自 Santiment 的數據提供了 Toncoin 市場活動的進一步見解。 2024 年 4 月，市值飆升至 260 億美元以上，但此後已下降至約 128.8 億美元。這一下降與活躍地址的下降相對應，顯示投資者參與度下降。

Santiment also highlights exchange inflows for TON, which saw spikes in May, June, and August. These inflows typically correspond with declines in market cap, suggesting investors move assets to exchanges for selling during price peaks.

Santiment 也強調了 TON 的交易流入，該交易在 5 月、6 月和 8 月出現高峰。這些資金流入通常與市值下降相對應，這表明投資者在價格高峰期間將資產轉移到交易所出售。

Price and Investor Sentiment

價格和投資者情緒

Market analysts have commented on Toncoin's recent price movements. One analyst, @thelordofentry, observed that TON has bounced from the .618 Fibonacci retracement level and is now tracking higher. He identified key support at $4.85, with potential take-profit levels set at $5.87 and $6.20.

市場分析師對 Toncoin 最近的價格走勢發表了評論。一位分析師 @thelordofentry 觀察到 TON 已從 0.618 斐波那契回撤位反彈，目前正在走高。他確定關鍵支撐位為 4.85 美元，潛在止盈位為 5.87 美元和 6.20 美元。

Toncoin is currently trading at $5.09, representing a 7.77% increase over the last day.

Toncoin 目前交易價格為 5.09 美元，較前一交易日上漲 7.77%。

Outlook for Toncoin

東幣展望

The combination of retail accumulation and profit-taking by larger investors presents a mixed outlook for Toncoin. The rise in smaller holdings suggests continued interest from newer market participants, while the decline in active addresses points to caution among more experienced investors.

散戶累積和大投資者獲利了結的結合使 Toncoin 的前景喜憂參半。較小持倉量的增加表明新市場參與者的持續興趣，而活躍地址的下降則表明經驗豐富的投資者持謹慎態度。

As market activity stabilizes, future price movements will depend on renewed interest from either retail or institutional investors. Toncoin's current price trajectory, along with its market metrics, reflects a dynamic phase of market adjustment.

隨著市場活動趨於穩定，未來的價格走勢將取決於散戶或機構投資者的新興趣。 Toncoin 目前的價格軌跡及其市場指標反映了市場調整的動態階段。