Alright, so I’ve been watching $CFX blow up — 100%+ in a day is no joke.


What caught my eye? It’s not just a random pump. The RMB stablecoin pilot backed by Shanghai authorities is major. This isn’t just another partnership logo on a deck — it’s tied to real cross-border settlement use cases. If China’s Belt and Road plays out the way they’re hoping, CFX might just be their on-chain rail.


Also, people are sleeping on how big Conflux 3.0 could be. That July 30 upgrade is creeping closer, and speculation’s ramping hard. Add in a short squeeze with $11M in liquidations and open interest jumping 140% overnight... and you get this kind of face-melting rally.


But look — RSI at 93? That’s danger zone. Been here before — momentum is great, but I’ve learned to never fight extreme indicators. Doesn’t mean I’m fading it, just means I’m managing risk if I’m still riding this.


I’m locking partials around the $0.20 zone if we get there. Or waiting for a clean retest if this turns into a wickfest.


What about you — are you still long on $CFX or waiting for the post-upgrade dump to reload?


#CFX #Altcoin Season# #Macro Insights#

image
July 21, 2025 at 2:59 AM
4
62
2
1
1
1
1