The crypto market saw a slight increase in activity as investors awaited the Federal Open Market Committee meeting and a speech from Federal Reverse Chair Jerome Powell. The price of Bitcoin remained steady above $100,000, but many major altcoins, including TON, were seeking support at key levels. However, TON faces a risk of support breakdown as the amount of TONcoin being transferred to exchanges increases. This influx of coins to exchanges often signals that investors may be preparing to sell their holdings, which could lead to a market top and price correction. The price of TONcoin has already experienced a significant drop in recent months and has formed a descending triangle pattern, indicating a bearish turn in market sentiment. If the price falls below a key support level of $4.6, it could further decline to $3.3 and $2.78. On the other hand, if the broader market remains bullish, TON buyers may defend support and break through resistance levels.



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