$CFX surged to 0.27, showing signs of taking off, but today I look and it has already fallen back to 0.19. Those who jumped in at the high are directly facing losses, always getting cut.
This market situation indicates several issues:
1. Market sentiment is weak; a slight disturbance can cause surges, but it can also easily crash.
2. Low circulation coins are easily manipulated by funds, causing them to be pumped and then dumped, especially for CFX, which has a large supply and a high percentage of exchange lock-up; it has become a tool for harvesting.
3. Trend trading requires setting take-profit and stop-loss; 0.27 is not the peak, and 0.19 is not necessarily the bottom, but without discipline, one will only be repeatedly harvested.
However, it’s not all bad news on the chart —
Behind this round of CFX's unusual movement, it seems there is domestic capital testing the waters,
If the subsequent narrative can keep up (like the combination of computing power and AI narratives), there may still be a second wave of opportunity.
But for now, 0.27 might just be the peak of this phase; do not act impulsively during the rebound, and don’t fantasize about getting rich while staring at the daily charts. Pay more attention to who is dumping on you.