KARDVANE TR

Conflux (CFX) futures data

Latest scan: October 13 at 08:08 AM UTC · updated every 4 hours

0.05812USDT−8.47% 24h

CROWD · FUNDING

CROWDED SHORT · p6
everyone shorteveryone long

Short 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)

8.8%

CFX moves about this much per day. A stop much tighter than this is risky.

SQUEEZE

No

Band width is at the 74th percentile of its history.

OPEN INTEREST · 24H

−25.1%

Leveraged longs are being liquidated (price −8.4%).

MARKET (BTC)

Bull · calm · trend up

SETUP

Crowded short in a calm bull market

Most 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

LEVELPRICEDISTANCE
20-day high0.07285+25.3%
20-day low0.04746−22.5%
55-day high0.07285+25.3%
55-day low0.04069−42.8%

Active signals

CrowdCFX · everyone is betting on a fallp6
LiquidationCFX · leveraged longs are being liquidatedOI -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%).

SIGNALNEXPECTED DIRECTION AFTER 7DNORMAL TIMESAVG. 7D
Crowded short (everyone betting on a fall)5754%47%+3.5%
Crowded long (everyone betting on a rise)5043%53%+3.7%
20-day high breakout4140%47%−0.9%
20-day low breakout4850%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.

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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.

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