Conflux (CFX) is currently priced at $0.04845, reflecting a 24-hour change of -1.83%. The asset has seen a daily range between a high of $0.05009 and a low of $0.04785, indicating a relatively tight trading range over the past day.

The trading volume stands at approximately 10.89 million, with a volume-to-market cap ratio of 4.36%, suggesting moderate liquidity. The hourly moving averages indicate a bearish trend, particularly the 144 SMA at $0.0522, which shows a significant decline of 7.16%.

Technical indicators reveal a 1-hour RSI of 31, suggesting oversold conditions, while the 7-day RSI at 44 indicates a lack of momentum for upward price movement. Additionally, the asset has experienced notable declines over various time frames, with a 30-day price drop of approximately 37.45%.

From a fundamental perspective, Conflux's all-time high of $1.70 is far from its current price, indicating significant unrealized potential. However, the consistent downtrend over the past month raises concerns about investor confidence and market interest.

Given the current market conditions, with declining price momentum and an oversold RSI, a cautious approach is warranted. Therefore, the recommendation for Conflux (CFX) is to Hold, allowing time for the market to stabilize and for potential bullish signals to emerge before considering any buy action.