98% of people are bullish on $TON , I advise you to run quickly

The entire market is bullish, which is itself a warning of a sharp decline. Smart money’s long-short ratio has surged to 97.84%, out of 1,080 people, 791 are long, holding a total of 10.76 million U.S. dollars in positions, averaging only 13.6k U.S. dollars per person.
Looking at the 289 shorts, holding 11 million U.S. dollars in positions, with an average of 38k U.S. dollars per person, their position strength is 2.8 times that of the longs.
In simple terms, retail investors are crowded into bullish positions, while top-tier big players are shorting against the trend with large sums of money, which is incomparable.

Whales don’t sell even when they lose, just waiting for a dump at high levels.
Whale short positions total 10.16 million U.S. dollars, surpassing the longs, even though the cost basis is 1.598 and there’s an unrealized loss of 1.46 million U.S. dollars now, they haven’t reduced their positions at all.
This is not retail investors stubbornly holding on; it’s a setup at high levels, waiting for the longs to lose momentum and then reversing to dump.

The market can no longer rise, a correction is inevitable.
From 1.28 straight to 1.91, a gain of over 30%, with no proper pullback throughout.
Such a straight-line rally, the crazier the rise, the sharper the fall.
Now, the high levels have formed long upper shadows, and the funding rate has not kept pace with the rise, indicating even the most aggressive longs are scared now, unwilling to add leverage at high levels, and there are no more buyers, so the market can’t move up anymore.

A sharp correction is definitely coming, with the first target being a retest of the 1.65-1.66 long-term cost zone.
Don’t chase longs in the 1.86-1.91 range!
This is where longs take profits and run, not where you should enter.
As long as the price doesn’t break through 1.92 with volume, a rapid decline is likely, clearing out all high-leverage longs chasing the top.