📈 1. Current Situation & Market Sentiment

$CFX is currently at ~$0.2174 and has gained approximately 105% in the last 24 hours; a strong weekly increase of over 50% is also observed.

According to CoinCodex data, the Fear & Greed Index is in the "Greed" zone (72 points), and market sentiment is clearly bullish.

🔧 2. Technical Analysis

Double-bottom formation: After a bottom at ~$0.0628, a bullish neckline was broken (~$0.1075), followed by a strong "God candle" and a rapid rise.

Moving averages (MAs): The current price is above all major MAs; the 5, 10, 20, 50, 100, and 200 periods are generating strong buy signals.

Oscillators: RSI ~73 – near the overbought zone, ADX ~78 – strong momentum; Indicators such as MACD, Stoch, CCI, etc. generally indicate a "Buy" signal.

🌐 3. Key Developments

Conflux 3.0 update: Developments such as on-chain AI agents, RWA, and stablecoin support supported the price, triggering the "God candle" formation.

High trading volume & liquidity: According to Coingecko data, #CFX 's 24-hour volume reached $1.4 billion; high liquidity is provided on major exchanges such as Binance, OKX, and MEXC.

📊 4. Short-, Medium-, and Long-Term Expectations

Term Outlook Expectations & Levels

Short-Term Overbought risk + Consolidation RSI is high; a slight correction is expected in the short term. However, MA support is strong; the USD 0.215–0.25 range should be monitored.

Medium-term Positive Trend: According to CoinCodex, an 8–9% increase is targeted at ~$0.228 in August; a rally to $0.444 in 3 months is possible.

Long-term High Potential: CoinLore forecasts $0.442 by the end of 2025; there are predictions of ~$1.08 for 2030.

⚠️ 5. Risks and Warnings

Volatility and correction risk: Volume is high, the rise above the MA is rapid; it could fall as quickly as the RSI.

Post-formation correction: A 38.2% Fib retracement (around $0.143) may occur after the "God candle".

Fault in fundamental expectations: If Conflux 3.0 fails, hype may decline; general crypto market risk should also be considered.

🧭 6. Strategy Recommendations

Entry level: In the short term, the $0.20–$0.21 range may offer a dip buying opportunity.

Profit taking: Gradually expand to $0.25–$0.30, and in the medium term, it can be distributed to around $0.44.

Stop-loss: Risk should be reduced if it breaks below $0.18.

🎥 For More

✔️ Summary

#Conflux (CFX) is currently experiencing significant bullish momentum. Both technical and fundamental signals are strong. However, the high RSI and rapid rise increase the margin of error – therefore, a cautious strategy (stop-loss, step-position) is recommended. The potential is high in the medium to long term; it can be evaluated based on risk tolerance.

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