In the past seven days, the crypto asset TON has shown a significant fall trend, with the price dropping from $3.60 to around $3.32, a decline of 10.38%. Market data indicates a continued outflow of funds, and related indicators also reflect that the longer forces are relatively weak.

Despite Telegram announcing on August 9 that it would further deepen the integration of blockchain technology, leading to a brief 1.75% rise in TON, breaking the previous consolidation state, this positive news did not sustain the market. Subsequently, the bears took control again, causing the weekend market to fall.

Currently, the TON market is in a fierce battle between longer and shorter positions, but the overall trend is weak. In the short term, TON still faces significant downward pressure. In this market environment, investors need to remain highly vigilant and closely monitor market movements and related news in order to adjust their investment strategies in a timely manner.

It is worth noting that although TON faces challenges in the short term, the blockchain integration plan that Telegram is continuously promoting may bring positive effects to TON in the medium to long term. While investors pay attention to short-term price fluctuations, they should also weigh the long-term development prospects of the project.