$CFX Price: ~$0.21 (↑ 3% daily, ↑ 12% weekly)
Market Cap: ~$1.07B
Trend: Bullish short-term; key resistance at $0.22–$0.23
🔹 Key Drivers
Upcoming Conflux 3.0 upgrade (15K TPS, AI, RWA support)
News of a yuan-backed stablecoin boosted price & volume
Centralization concern: 3 accounts use 80% of gas
🔹 Technicals
Momentum fading slightly; RSI neutral
If price holds above $0.22, potential move to $0.24–$0.30
Below $0.21, watch for drop to $0.19
🔹 Outlook
2025 target: $0.24–$0.67
Risks: High inflation rate, low on-chain activity, centralized usage
Verdict: Speculative buy for short-term traders; watch upgrade impact.