South Korea is speeding up digital asset legislation, and the focus shouldn't be on $BTC but on $TON .
Current price: "$1.9", market cap: "$5.13 billion", ranking: #22, down "-76.8%" from ATH of $8.25. Looks grim? Change your perspective, and you'll get it.
In the second half of the year, South Korea is pushing two policy lines simultaneously: the National Assembly is accelerating digital asset legislation + the Supreme Court is planning to draft rules for virtual currency judgments. Once the compliance door opens, who will really reap the benefits? It's not the big coins that have already been priced in by institutions, but L1s with real user entry points. Telegram's penetration in South Korea and Southeast Asia speaks for itself, and TON is currently the only public chain that can directly convert "compliance narrative" into new users. 900 million monthly active users isn't just hot air; it's a ready-made distribution channel.
On-chain signals are also aligning: data from the square shows that at the $1.97626 level, there was a clearing of upward liquidity + records of short squeezes, indicating that someone is repeatedly testing the sell pressure ceiling around $2. Once the TON/KRW trading pair on South Korean exchanges shows a noticeable increase in depth, it will be a confirmation signal for off-exchange funds to enter.
My trading anchors are clear:
"$1.85" is short-term support; if it breaks, I'll reduce my position without hesitation;
"$1.97-$2.0" is the first resistance zone; I'll only consider adding to my position if we see a volume breakout above $2;
"$2.3" is the medium-term target; once we hit that, I'll take profits on half.
I prefer to enter on the right side, waiting for $2 to stabilize before making a move, not trying to catch the bottom based on the policy timeline. Right now, at $1.9, it's an observation zone, not a build-up zone. Patience is key as I keep an eye on the legislative progress and changes in exchange depth in South Korea.
Start with a small position; leverage shouldn’t exceed 5x, as policy-driven trends come fast and hit hard.
Current price: "$1.9", market cap: "$5.13 billion", ranking: #22, down "-76.8%" from ATH of $8.25. Looks grim? Change your perspective, and you'll get it.
In the second half of the year, South Korea is pushing two policy lines simultaneously: the National Assembly is accelerating digital asset legislation + the Supreme Court is planning to draft rules for virtual currency judgments. Once the compliance door opens, who will really reap the benefits? It's not the big coins that have already been priced in by institutions, but L1s with real user entry points. Telegram's penetration in South Korea and Southeast Asia speaks for itself, and TON is currently the only public chain that can directly convert "compliance narrative" into new users. 900 million monthly active users isn't just hot air; it's a ready-made distribution channel.
On-chain signals are also aligning: data from the square shows that at the $1.97626 level, there was a clearing of upward liquidity + records of short squeezes, indicating that someone is repeatedly testing the sell pressure ceiling around $2. Once the TON/KRW trading pair on South Korean exchanges shows a noticeable increase in depth, it will be a confirmation signal for off-exchange funds to enter.
My trading anchors are clear:
"$1.85" is short-term support; if it breaks, I'll reduce my position without hesitation;
"$1.97-$2.0" is the first resistance zone; I'll only consider adding to my position if we see a volume breakout above $2;
"$2.3" is the medium-term target; once we hit that, I'll take profits on half.
I prefer to enter on the right side, waiting for $2 to stabilize before making a move, not trying to catch the bottom based on the policy timeline. Right now, at $1.9, it's an observation zone, not a build-up zone. Patience is key as I keep an eye on the legislative progress and changes in exchange depth in South Korea.
Start with a small position; leverage shouldn’t exceed 5x, as policy-driven trends come fast and hit hard.