Conflux (CFX) is currently priced at $0.078588, reflecting a 24-hour decline of 1.97%. The daily trading range has been tight, with a high of $0.080795 and a low of $0.078418, indicating a lack of volatility in the short term.

Trading volume stands at 16,061,459, which constitutes 3.96% of the market cap, suggesting moderate interest but not overwhelming buying pressure. The hourly moving averages show a downward trend, with the 8 SMA at $0.0798 and the 21 SMA at $0.0800, both confirming bearish momentum over the short term.

The 1-hour RSI is at 41, indicating a potential oversold condition but lacking sufficient bullish momentum to suggest a rebound. Similarly, the 7-day RSI at 45 and significant negative price changes over the last 7, 14, and 30 days (-3.16%, -7.54%, and -22.28% respectively) highlight a sustained downtrend.

The current price is significantly below its all-time high of $1.70, reflecting a loss of investor confidence since that peak in March 2021. This long-term perspective, combined with the recent price action and declining moving averages, suggests a bearish sentiment prevailing in the market.

Given these indicators, the recommendation is to Hold. There is potential for a short-term rebound if volume increases and RSI levels improve, but current trends do not support a Buy at this moment. Monitoring the market closely for signs of a reversal is advisable before making any new positions.