Conflux (CFX) is currently priced at $0.069867, reflecting a 24-hour decrease of 6.86%. The daily trading range has been relatively narrow, with a high of $0.075159 and a low of $0.069493, indicating limited volatility in the short term.

The trading volume stands at 15,153,341 CFX, contributing to a volume-to-market cap ratio of 4.20%. This suggests that while interest remains present, the recent downtrend might be discouraging for larger institutional participation.

Technical indicators show a bearish trend, particularly with the hourly moving averages. The 8 SMA is at $0.0714, indicating a 2.16% decline, while longer-term SMAs reflect worsening momentum, particularly the 144 SMA at $0.0764, which is down 8.60%.

The 1-hour RSI is currently at 24, indicating that CFX is in oversold territory, while the 7-day RSI at 44 suggests a lack of bullish momentum. With the 7-day and 14-day price changes at -11.78% and -12.19%, respectively, the asset is firmly in a downtrend over the past two weeks.

Conflux's price is significantly below its all-time high of $1.70, achieved in March 2021, underscoring the current challenges it faces in regaining bullish sentiment. The overall market sentiment appears cautious, especially with a 30-day price change of just -0.28%, suggesting consolidation or a prolonged downtrend.

Given the current technical indicators and fundamental data, a clear "Sell" rating is warranted. The consistent decline in SMAs, low RSI levels, and negative price momentum indicate that a recovery is unlikely in the short term, suggesting further downside risk for CFX.