The cryptocurrency market has been dynamic recently. OSL Group reported that its digital assets and blockchain platform revenue was HK$123.8 million, and its losses were significantly reduced year-on-year, reflecting the gradual restoration of market confidence. At the same time, Bounce Brand will conduct a BN token IDO on August 19, indicating that investment enthusiasm for new projects is still high. Despite the negative news about North Korea employing employees to participate in cryptocurrency projects, whales continue to be active in the market. Recently, an investor transferred 394 BTC to Binance, showing a strong willingness to trade. In terms of data, the Ethereum spot ETF had a net outflow of US$39.2111 million yesterday, while the Bitcoin spot ETF achieved a net inflow of US$11.1116 million, reflecting the divergence of market capital flows. In addition, analysts predict that Bitcoin may fall back to the $50,000 to $60,000 trading range, while Ethereum has also exceeded $2,600, showing its resilience. To sum up, after experiencing fluctuations in the cryptocurrency market, the overall trend is gradually improving, but short-term fluctuations still exist, and investment needs to be cautious. The current overall status of the cryptocurrency market continues to show signs of recovery.