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Odaily reported that BVIV has fallen back to 47%, pausing its previous two-week rally, indicating that traders are betting on a more stable market environment. However, most of the derivatives data for the top 25 tokens by market cap shows that bearish positions still dominate price trends. Bitcoin and Ethereum futures open interest has dropped back to levels seen at the beginning of the month, reflecting trader caution. SOL and AVAX positions have raised questions about the sustainability of the recent rebound. The altcoin market as a whole is trading sideways, with investors waiting for Bitcoin's next move. The CoinMarketCap Altcoin Season Index remains at 49/100.

They pointed out that this year's gains in the US stock market were mainly driven by strong corporate earnings, making the upcoming earnings season a key catalyst for market trends. Strategists believe that the core issue for investors will be the level of AI spending by companies other than major tech firms (that is, hyperscale cloud service providers), and whether these investments have already started to generate returns. They expect that stocks related to AI infrastructure will account for nearly 60% of the S&P 500's earnings-per-share growth this quarter, with Micron Technology and Nvidia together possibly contributing more than 40% of that total.

Foresight News reports that Sui ecosystem DEX Cetus has announced its aggregator now supports Haedal PropAMM routing, further expanding Cetus aggregator's routing coverage on Sui and providing users with more liquidity sources and better quotes.Previously, the capital efficiency layer protocol Haedal on Sui launched its proprietary market-making engine Haedal PropAMM on June 26, driven by quantitative market-making strategies. It operates in parallel with its existing market-making product HMM (which actively makes markets based on oracle pricing), and is used to handle Sui on-chain trading flows from mainstream aggregators and trading gateways.