CFX, as a leading public chain project in China, has always attracted close attention from the market. Its price trend is closely related to various activities and policies in Hong Kong. Whenever a major event occurs in Hong Kong, CFX often experiences significant price fluctuations. Currently, the price of CFX is in a correction phase after a previous rise, forming a solid support level.

From a technical analysis perspective, CFX has received strong support near the Vegas channel on the daily chart. This support is generally considered a reliable technical indicator, providing investors with a good entry opportunity. Considering the current market environment and technical factors, positioning within this price range may yield decent returns.

However, investors should also be aware that the cryptocurrency market is highly volatile, with risks and opportunities coexisting. The future development of CFX depends not only on its own technological innovations and expansion of application scenarios but is also closely related to the regulatory environment and market sentiment of the entire cryptocurrency industry.

Overall, CFX, as one of the representatives of domestic public chains, has development potential worth paying attention to. However, investors need to carefully assess the risks when making decisions and develop appropriate investment strategies based on their investment goals and risk tolerance.