🌀 CFX – New trump card in the wave of blockchain in China?
The CFX (Conflux) token has been attracting attention on Binance recently, as the community begins to discuss the potential of this "China-friendly" blockchain network again.
🔥 Notable recent points:
The Shanghai government announced additional blockchain pilot projects, with many speculating that Conflux will be the chosen platform due to its high compliance.
On-chain activity has increased slightly, with CFX trading volume on Binance Futures rising over 30% in 24 hours.
Rumors of collaboration with a major data group in China are drawing the community's attention.
📊 Short-term technical analysis (4H frame):
EMA 7 crosses above EMA 25 → short-term bullish signal.
RSI is approaching the 60 zone, not too hot yet.
Warning: strong resistance area at 0.197–0.20 USDT.
📣 What is the community discussing?
"CFX is the only Chinese coin that has a chance of being officially accepted."
"CFX needs a strong news push to break the sideways trend."
🔍 Advice: Keep a close eye on blockchain policy movements in China and CFX on-chain data. A tweet from a major partner could create a surge!
