I think a lot of people are waiting until the start of August to see what happens.

Depending on how one chooses to interpret the "Hong Kong accord", the end of July was when Core was supposed to release their 2MB block build. That's clearly not going to happen, so some Chinese miners are waiting until August as proof that Core misled them.

If enough Chinese miners believe this interpretation, then it's possible we'll see some of them start to announce support for Classic. At that point, who knows what will happen.

Or, in my opinion, more likely nothing will come to pass -- and the market may react to that as well, as removal of uncertainty reduces risk and price may rise to reflect that.