Conflux (CFX) futures data
Latest scan: October 13 at 08:08 AM UTC · updated every 4 hours
CROWD · FUNDING
CROWDED SHORT · p6Short crowding: funding on CFX is at p6, at the low end of the last 6 months. Shorts outnumber longs.
72-hour average funding: -2.22 bp
AVERAGE DAILY MOVE (ATR)
CFX moves about this much per day. A stop much tighter than this is risky.
SQUEEZE
NoBand width is at the 74th percentile of its history.
OPEN INTEREST · 24H
Leveraged longs are being liquidated (price −8.4%).
MARKET (BTC)
Bull · calm · trend upSETUP
Crowded short in a calm bull marketMost futures traders are betting on a fall, but BTC is in a bull regime and the market is calm; crowded shorts can get squeezed.
CFX price chart 4h · Binance futures
Chart by TradingView Lightweight Charts™
Key levels
| LEVEL | PRICE | DISTANCE |
|---|---|---|
| 20-day high | 0.07285 | +25.3% |
| 20-day low | 0.04746 | −22.5% |
| 55-day high | 0.07285 | +25.3% |
| 55-day low | 0.04069 | −42.8% |
Active signals
| Crowd | CFX · everyone is betting on a fall | p6 |
| Liquidation | CFX · leveraged longs are being liquidated | OI -25% |
What happened after signals on CFX in the past?
Crowded short (everyone betting on a fall): 57 times since February 2023; price moved in the upward direction 7 days later 54% of the time (normal: 47%). Crowded long (everyone betting on a rise): 50 times since February 2023; price moved in the downward direction 7 days later 43% of the time (normal: 53%). 20-day high breakout: 41 times since February 2023; price moved in the upward direction 7 days later 40% of the time (normal: 47%). 20-day low breakout: 48 times since February 2023; price moved in the downward direction 7 days later 50% of the time (normal: 53%).
| SIGNAL | N | EXPECTED DIRECTION AFTER 7D | NORMAL TIMES | AVG. 7D |
|---|---|---|---|---|
| Crowded short (everyone betting on a fall) | 57 | 54% | 47% | +3.5% |
| Crowded long (everyone betting on a rise) | 50 | 43% | 53% | +3.7% |
| 20-day high breakout | 41 | 40% | 47% | −0.9% |
| 20-day low breakout | 48 | 50% | 53% | −0.9% |
Historical statistics; they don't show the future. If the difference from normal times is small, the signal carries little directional information on this coin.
FAQ
What does the CFX funding rate show right now?
Short crowding: funding on CFX is at p6, at the low end of the last 6 months. Shorts outnumber longs.
Are longs or shorts crowded on CFX?
As of the latest scan the crowd on CFX is: crowded short (funding percentile p6). p0 is the most short and p100 the most long moment of the last 6 months.
How much does CFX move per day on average?
CFX's average true range (ATR) is about 8.8% per day. A stop much tighter than this is more likely to be hit by an ordinary swing.
Are there liquidations on CFX?
Yes. Open interest changed −25.1% and price −8.4% in the last 24 hours: leveraged longs are being force-closed.