Analysis: TON, linked to Telegram, may experience a significant rebound after a panic sell-off
ChainCatcher message: Due to the arrest of Telegram founder Pavel Durov, the price of TON, linked to Telegram, temporarily dropped by 25%. However, market analysis of some technical and market factors suggests that TON may experience a significant rebound in the coming weeks.A similar situation occurred with BNB. On April 30, when CZ was sentenced in the U.S., BNB dropped by 13.5%. However, once the ruling was finalized, BNB surged nearly 35% from its low and reached a high of nearly $700 on June 6. When news of legal disputes breaks, the market often reacts with panic selling, as traders rush to protect their investments from potential impacts.However, once the initial shock subsides, the market tends to reassess the situation more rationally. The same psychological pattern may also emerge with Toncoin. Pavel Durov's arrest could be seen as a significant danger signal, leading traders to exit their positions and causing a sharp price drop. But if the market later views this arrest as an isolated incident that will not fundamentally undermine the Toncoin ecosystem, traders may begin to see this drop as a panic buying opportunity.