Recently, CFX experienced a brief pump, followed by a return to previous levels. This surge was driven by news regarding China's stablecoin policy. According to industry insiders, China is considering allowing the use of RMB-backed stablecoins for the first time to promote the internationalization of the RMB. As a well-known public chain in the country, CFX has naturally become one of the focal points of market attention.

However, the impact of this positive news does not seem to last long. The CFX price quickly fell back after a brief rise, showing the market's cautious attitude towards this news. This also reflects the complexity and uncertainty of the current cryptocurrency market.

It is worth noting that after a period of sluggishness, this brief price fluctuation of CFX may signify that it is gradually awakening. However, investors still need to remain vigilant and closely monitor market trends and policy changes.

Against the backdrop of an overall adjustment in the cryptocurrency market, CFX's brief rise and subsequent fall may signal a broader market trend. Investors should consider various factors comprehensively, view market fluctuations rationally, and make informed investment decisions.