Conflux (CFX) is currently trading at $0.0493927, reflecting a 24-hour change of -3.30%. The price has fluctuated between a high of $0.051166 and a low of $0.04894096 within the same period, indicating a daily range of $0.00222504.

The trading volume stands at 10,068,933, with a volume-to-market cap ratio of 3.95%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages show a bearish trend, with the 8 SMA at $0.0505 (-2.15%) and the 13 SMA at $0.0502 (-1.66%), indicating downward pressure.

The 1-hour RSI is currently at 41, suggesting that the asset is nearing oversold conditions, while the 7-day RSI at 45 indicates a lack of momentum for a significant recovery in the short term. Over the past 7 days, CFX has decreased by 4.45%, and the 14-day price change shows a decline of 2.87%, revealing a bearish sentiment in the market.

In the context of longer-term performance, the 30-day price change is a significant -28.05%, reflecting ongoing weakness and lack of bullish momentum. The all-time high of $1.70, reached on March 27, 2021, contrasts sharply with the current price, underscoring the challenges CFX faces in regaining previous highs.

Given the bearish indicators, including negative price changes across multiple time frames and the current RSI levels, the market sentiment appears weak. Therefore, the recommendation is to Hold CFX at this time, monitoring for any signs of reversal or increased buying pressure before considering a Buy rating.