Market Bull-Bear Meat Grinder
Yesterday's sharp drop of over 20% from 0.24 to 0.185 is essentially a distribution of profit by whales. The key lies in volume and price: a volume drop while maintaining the 50% Fibonacci defense line indicates that the main force has not exited; it is purely violent washing.
Today's Latest Trends
On-chain institutions suddenly show accumulation signals: Arkham monitoring indicates a mysterious address has just transferred in $3.7 million CFX (about 20 million tokens)
Upgrade Progress Accelerates: Conflux's official Twitter confirms 3.0 testnet will launch on July 25, mixed consensus progress exceeds expectations

My Exclusive Opinion: Triple Cannon Bottom Signal
This morning, a classic triple bottom formation appeared in the 0.185 area:
9:00 Long lower shadow bottom search 10:00 Bullish engulfing reversal 11:00 Volume moderately expands
This formation is exactly the 'Declining Exhaustion Triple Cannon' I targeted before LINA's surge in May; history repeats itself!
Core Logic Closed Loop
Holding 0.185 is to hold the trend's lifeline: This point converges Fibonacci 50% retracement and weekly ascending channel, with a breakout probability of less than 30%.
Attacking 0.20 is to sound the charge horn: a breakthrough targets 0.215 as the first goal, combined with RSI hourly chart's bottom divergence at the current price of 39.7, rebound momentum accumulates.
Practical Dual Strategy
Steady Sword Faction: Place orders at 0.185 + confirm with lower shadow line, take profit at 0.215 / stop loss at 0.178, specialized in thick fish body segments.
Quick Knife Faction: Chase the rise after breaking 0.195 with volume, take profit at 0.24 / stop loss at 0.188, betting on the favorable upgrade to ferment in advance.

Blood and Tears Risk Warning
MACD daily death cross has formed; do not exceed 30% in medium to long-term positions. Additionally, it is reported that axCNH partners are under regulatory interviews; beware of black swan attacks.
Endgame Suspense
If Conflux 3.0's mainnet launches smoothly in August, CFX may replicate the myth of a 270% surge in a single week from earlier this year; if the upgrade fails, even 0.10 abyss is not an empty threat. The most dangerous now are the panicked birds cut in the waterfall.
Exclusive Channel for Chan Family Army
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Limited time gift of 0.185-0.24 segment pressure support chart
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#CFX.智能策略库
Bull markets are fleeting; what you lack is never the opportunity but the courage to pull the trigger! Focus on convergence; let me assist you.