Analysis: Telegram-linked TON may follow BNB's example of experiencing a large rebound after a panic sell-off

According to Cointelegraph, the price of Telegram-linked TON was down 25% at one point due to the arrest of Telegram founder Pavel Durov, although market analysis of a number of technical and market factors suggests that TON could see a significant rebound in the coming weeks. A similar scenario was seen with BNB, which was down 13.5% on April 30 when CZ was sentenced in the U.S., but when the dust settled from the ruling, BNB rose nearly 35% from its lows and touched a high of nearly $700 on June 6th.

Panic selling is more common when news of a legal dispute breaks, as traders are eager to protect their investments from potential repercussions. However, once the initial shock subsides, the market reassesses the situation more rationally, and the same psychological pattern could be seen with Toncoin. the arrest of Pavel Durov could be seen as a major red flag, causing traders to exit their positions, leading to a sharp drop in price. However, if the market later perceives the arrest as an isolated event that will not fundamentally disrupt the Toncoin ecosystem, traders may begin to see the drop as an opportunity for panic buying.