$CFX Split warehouse picking point with blood chips Patience is required
1. Overall trend judgment (core)
Current price $0.0708, which means that almost all the gains of the past year have been wiped out. The price has returned to the "origin" area before the rise at the end of 2023. The K-line shows a continuous downward trend, and the MACD has been running below the zero axis for a long time, with market sentiment scattered.
The mid-term trend of CFX is extremely weak. It is currently in the final stage of the "bottoming" phase. Although the price looks like it can't fall any further, the main funds are in a dormant state, making it difficult to break out of an independent market in the short term.
2. Key levels
Resistance levels:
Short resistance: $0.1000 - $0.1100. This is an important psychological barrier and a dense area of chips during the recent decline. Once it rebounds to this level, the trapped positions above will be eager to break free.
Strong resistance: $0.1500 - $0.1800. The bottom of the oscillation platform. After breaking here, CFX entered the current deep drop range. In the short term, this is difficult to surpass.
Support levels:
Lifeline: $0.0600 - $0.0650. This is the historical iron bottom where multiple rises have occurred. Bulls are likely to organize defenses here to seek a rebound from overselling.
Extreme bottom: $0.0500. If $0.06 is lost, the price will test the absolute historical low point.
3. Trading volume signals
Signal: Low volume during regular times, high volume during rebounds.
Currently, the trading volume is very sluggish, indicating that the market is in a wait-and-see state, with weak buying and selling intentions. High volume was only seen during the rebound a few months ago, which quickly returned to silence.
Interpretation: Insufficient liquidity. In this state, a small amount of funds can crash the market, but it can also be quickly lifted by the operators, belonging to a typical "controlled bottoming" state.
4. Operational strategy
For holders: Play dead.
From $0.55 down to $0.07, the cost-effectiveness of cutting losses is extremely low at this time.
It is recommended to firmly hold $0.06. As long as this historical bottom is not broken, patiently wait for the next "Hong Kong concept" or public chain narrative opportunity.
For those without positions: Left-side ambush.
Strategy: The $0.0600 - $0.0700 range is an excellent long-term investment position.
Logic: CFX has active stock characteristics, and there will be pulse-like market movements from time to time. Building positions at this level has limited downside risk ($0.01) and huge upside potential ($0.15+), resulting in a very high risk-reward ratio.
5. Summary
CFX has returned to the "starting line," and it is currently the time to "pick up blood chips," which requires great patience!

