Recently, the positive trends in the cryptocurrency market have shown a series of capital flows and changes in market participant behavior. Firstly, SWELL and DEPIN bid approximately $420,000 and $485,500 respectively for the listing qualifications on Hyperliquid, indicating that market support for new projects continues to strengthen. In addition, the total amount of ETH bridged to Base in the past 90 days has doubled, reflecting the activity of the Ethereum network and capital inflow. On the other hand, the sale of 1.6 million AI tokens by an early ai16z investor has attracted market attention, with the transaction yielding a profit of $2.192 million. Meanwhile, network whales deposited $8.31 million of ONDO into Coinbase, demonstrating the confidence of large holders in the market. FTX is set to repay $16 billion in cash and will begin claims processing in January 2025, with the market closely monitoring its subsequent impact on prices. At the same time, Bitcoin is predicted to reach between $150,000 and $400,000 by 2025, reinforcing the market's optimistic attitude towards this mainstream digital currency. Overall, the current cryptocurrency market is showing signs of recovery and growth, with capital inflow and large trading activities indicating that the confidence of multiple participants is being revitalized. Market sentiment is gradually improving, further pushing the overall trend upward.