TON is trading around $1.63, stabilizing near the $1.60 support level as crypto traders respond to signs of improving market sentiment. A new derivatives report from Bybit and Block Scholes highlights a gradual recovery led by major assets like bitcoin, now above $91,000, and ether, trading over $3,000. The broader market, represented by the CoinDesk 20 Index, gained 6.8% in the past week, but TON price movement lagged with only a 1.2% increase. According to the report, the most notable shift is in altcoin funding rates. After a weekend of heavy shorting, perpetual swap markets for several...