According to CoinMeta, investment and live reporting indicate that intervention in the Japanese yen in the Asia-Pacific foreign exchange market has weakened. As the Bank of Japan (BOJ) maintains its unchanged policies, market sentiment is gradually improving. Amazon's stock price has risen significantly, while Apple's stock price has fallen. An important development in the United States is that a Situational Awareness hedge fund was forced to sell its public shares to Citadel at fire-sale prices. This move marks the formation of a market bottom, followed by a huge rebound in chip stocks and other holdings, including SK Hyundai Electronics. After a week of intense fluctuations, South Korea's stock market has seen a significant reversal. Meanwhile, Japan entered the foreign exchange market during U.S. trading hours, pushing down the USD/Japanese yen exchange rate. Overall, market sentiment has undergone substantial changes, and with some major risks being eliminated, momentum trading may emerge in August.