Toncoin appears to be positioning itself for a short-term rebound after enduring a week of market-wide losses that affected most cryptocurrencies. At a time when many altcoins continue to trade under pressure, Toncoin has emerged with a combination of technical and on-chain indicators that suggest renewed interest from investors and the possibility of an upcoming bullish reversal. A widely followed crypto analyst, Ali Martinez, recently highlighted a notable development on TON’s daily chart. The altcoin’s TD Sequential indicator flashed a buy signal, a technical pattern often associated with the early stages of trend reversals. This is typically viewed by traders as an indication that the recent downtrend may be nearing exhaustion and that a move to the upside could soon follow.

The timing of this signal is particularly interesting given the current market context. Toncoin’s price has been struggling following sharp corrections across the broader crypto market, mirroring the pullbacks seen in leading assets like Bitcoin and Ethereum. In spite of this, on-chain metrics specific to Toncoin have started to show signs of strength. According to data from IntoTheBlock, Toncoin experienced a 10% surge in exchange inflows over the past 24 hours. While inflows into exchanges can sometimes point to increased selling activity, in this case, they are being interpreted differently. The concurrent appearance of the TD Sequential buy signal and the inflow spike suggests that traders may be preparing to open new long positions, anticipating a potential rebound. Rather than indicating sell pressure, the increased exchange activity could represent accumulation by investors looking to capitalize on short-term price movements.

This sentiment is further supported by changes in holder behavior. Analysis of wallet data shows that Toncoin holders are increasing their balances, a development that adds more weight to the bullish case. An uptick in holder balance generally reflects growing investor confidence and a shift in market psychology. Rather than selling into weakness, holders are choosing to accumulate, which often precedes periods of price recovery. When combined, these on-chain developments help to reinforce the technical signal already flashing on the charts.

What stands out in Toncoin’s current market setup is the alignment between technical analysis and behavioral data. This confluence increases the credibility of a potential upward move in the near term. However, traders are still watching broader market dynamics closely, especially the performance of Bitcoin and macroeconomic conditions that continue to shape sentiment across the entire crypto space. If Bitcoin manages to stabilize and regain upward momentum, it could create a favorable environment for altcoins like Toncoin to follow suit. In such a scenario, TON could see enough support to push toward testing higher resistance levels, marking a much-needed recovery phase for traders holding the token.

For now, the signs remain cautiously optimistic. The combination of a technical buy signal, increased exchange inflows, and growing holder confidence gives Toncoin a potential edge in the short term. However, the sustainability of any rebound will likely depend on external market factors and the ability of bulls to build on the current momentum without facing sharp resistance.