The crypto market rebounded during Wednesday's trading session, with Bitcoin regaining the $96,000 level. However, certain assets like Toncoin continue to struggle at major support levels. Despite a decline in total value locked (TVL) in Toncoin, there is an increase in staking participation, indicating a shift in investor behavior towards more stable staking rewards. This also reduces the available supply volume and strengthens the asset's bullish outlook. Toncoin's price has experienced a 5-day fall, reaching a support trendline that historically leads to significant recovery. A potential rebound could push the asset up to challenge the key resistance level of $4.6, but a breach of the bottom trendline could result in a major correction trend.
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