Today let's talk about Hong Kong's sector $CFX 🚀
The rise of China's domestic public chains, focusing on performance and concurrency, looking ahead at policy trends and ecological implementation.
💥 Last night, CFX surged by over 21% due to several major reasons:
1. The favorable digital asset policy in Hong Kong, where CFX represents a Chinese public chain, leads to a strong influx of funds back into the Chinese concept chain sector, with CFX benefiting the most as the leader.
2. Recently, there has been a noticeable increase in activities within the CFX ecosystem, including renewed attention on pilot projects in collaboration with Asian universities and governments, enhancing medium to long-term expectations.
🔥 Short-term strategy reference:
On August 1st, there is an expectation of continued speculation on stablecoins, currently still at a relatively low level. A dip could provide an opportunity for a light position to bet on a rebound, and if it breaks 0.27, it is expected to continue upward towards 0.29-0.30.
CFX is highly volatile, be sure to control your position and avoid blindly chasing highs!
