Conflux (CFX) is currently priced at $0.069067, experiencing a 24-hour change of -2.34%. The daily trading range has been tight, with a high of $0.071181 and a low of $0.069022, indicating a lack of volatility in the short term.

Trading volume stands at 8,443,256, representing a volume-to-market cap ratio of 2.37%, which is relatively low and suggests limited investor engagement. The short-term moving averages (8, 13, 21, and 55 SMA) are all showing a downward trend, with losses ranging from 2.23% to 4.20%, further indicating bearish sentiment.

The 1-hour RSI is currently at 31, suggesting the asset is in oversold territory, which could indicate a potential short-term rebound. However, the 7-day RSI at 44 reflects a broader weakness, as it is still below the neutral level of 50, indicating continued selling pressure.

In terms of price performance, CFX has declined by 2.87% over the past week, 1.88% over the past two weeks, and 0.74% in the last month. This trend showcases a sustained period of negative sentiment, with no significant recovery in sight.

With the all-time high of $1.70 reached on March 27, 2021, the current price represents a significant depreciation, highlighting the challenges faced by Conflux in regaining investor confidence. The ongoing downtrend in both price and RSI metrics suggests that the market is cautious, with sellers dominating.

Given the current bearish indicators, coupled with a lack of positive momentum or volume, the recommendation for Conflux (CFX) is to Sell. The price action and technical indicators do not support a bullish outlook in the near term, warranting a cautious stance for potential investors.