New ATH!

On October 11th, due to the unprecedented situation in the cryptocurrency market, TON briefly fell to $0.6 🤯

Some people asked me why TON was falling. Unlocks, probably 😂 Just kidding, it was just cascading liquidations, and the work of our beloved market maker, of course.

The floor price for numbers, accordingly, rose sharply, breaking an important psychological level of 1,000 TON and reaching a new ATH of 1,289 TON ($3,177).

As we explained earlier, the short-term dollar correlation worked perfectly in numbers. In dollar pair, the price recovered very quickly and, at the time of writing of this post, equals 1,050 TON ($2,388). We have no doubt that the TON price will return to $3 in the near future. Therefore, the floor price will likely fall below 1,000 TON (level that will have to be overcome again in 2026-2027).

Your favorite Kate Smith tried to trade numbers during this panic, but suffered a 704 TON ($2,190) loss 🙈. But she got a dopamine rush!
You have to try everything in life. Now it's clear that trading is definitely not my forte.

The moral of this story is: the holder outperforms the trader 99% of the time.

#roadto10k