The trend of CFX is quite interesting. The price quietly rose a small wave, gaining over 3% in 24 hours. Although the magnitude isn't exaggerated, it has already attracted quite a few people's attention. From a technical perspective, the short-term moving average has already climbed above the long-term moving average, and the chart shows a "bullish alignment," like a runner ready to start. However, the MACD has quietly given a bearish signal—this kind of contradictory picture often indicates that volatility may be coming.

To be honest, CFX has always been good at "riding the wave." Especially whenever there are rumors related to blockchain in Hong Kong or signs of policy relaxation, this coin seems to have a built-in heat sensor, moving on its own from time to time. This time is no exception; the community has already started spreading "stories" about ecosystem upgrades and offshore RMB projects. It sounds quite grand, and some people are indeed buying into it—buying sentiment is not weak, and after a short pullback, the price was quickly absorbed again. It looks like many are watching from the sidelines.

Looking at trading data, CFX is currently stuck around 0.08 USDT, with relatively active trading volume—over four million in turnover, which is not small for a altcoin. On the daily chart, it remains in a large oscillation range, with resistance at 0.094 and support around 0.064. The short-term moving averages have already turned upward. If it can hold above 0.08, perhaps it can try to move higher.

But to be fair, this kind of "policy narrative coin" is often a double-edged sword. When the story is appealing, it can rally without hesitation; but once the rumors fade or regulators take action, the pullback can be ruthless. Although the current situation seems to favor buyers, the bearish crossover on the MACD cannot be ignored—if sentiment wanes, even a bullish moving average setup might just be a façade.

If CFX can hold its ground this time, there might still be hope. After all, the story of "Hong Kong + blockchain" behind it is not finished yet, and the market is still willing to occasionally buy into it. $CFX ‌#加密市场开年反弹