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According to Odaily, CryptoQuant analyst Axel Adler Jr posted on X, stating that the Adjusted Realized Price Bands model, calibrated based on Bitcoin's current circulating supply, indicates that Bitcoin only truly enters a medium- to long-term bottoming phase if it falls to the critical $59,000 range. The bottom formation is not a short-term process and will not be completed within one to two weeks; under the base case scenario, it is expected to take about six months. Axel Adler Jr emphasized that although Bitcoin has risen recently, the real driving force behind the market stabilizing is not an improvement in sentiment or a local rebound, but the return of long-term genuine demand. In other words, a true bottom can only be established when the market resumes pricing in future value and spot buying steadily recovers.

According to Odaily, Hyperliquid announced that Outcome Markets (HIP-4) has launched on the mainnet, currently as an initial version with limited functionality. Outcome Markets is a fully-collateralized contract that settles within a fixed range, designed for scenarios such as prediction markets and range options. It does not involve leverage or forced liquidation mechanisms, and the primary goal of this first phase is to verify technical implementation. The first market to launch is a daily recurring binary Outcome contract, which will settle each day at 06:00 (UTC) based on the BTC mark price on Hyperliquid. The team stated that more features and market types will be rolled out in phases going forward.

This is the first decision made by "OPEC+" after the official withdrawal of the United Arab Emirates.