ETH: Summary of Discussions in the WEB3 Community (10:00:10 ~ 11:00:10)

[Analysis Material Extraction] ETH's trading volume is relatively small, and its market capitalization is not large, making it unlikely to be manipulated by large investors. This indicates that market funds have not yet concentrated or major players have entered the market. [src: @熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: window] [Analysis Material Extraction] The "double-bottom" candlestick pattern that appeared that day was likely a result of contract liquidation, leading to rapid inflows and outflows of short-term funds and volatility, suggesting that the contract market has a significant impact on ETH prices. [src: @熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: window] [Analysis Material Extraction] There is speculation that this "double-bottom" contract liquidation may have originated from contract liquidations on the Bybit exchange. If it can be confirmed that Bybit was the liquidation entity, then the impact of this liquidation event on ETH's price movement can be confirmed. [src: @熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: window] 【Source of Opinion Material】 Some speculate that the recent contract liquidation may have been caused by an internal intern's mistake, failing to correctly set the parameters, which backfired, implying errors on the part of the trading team. [src: @熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: window] 【Source of Opinion Material】 Short-term funds have shown strong momentum in driving ETH prices, especially the contract liquidation event which triggered significant price fluctuations, thereby driving market sentiment and rapid capital flows. [src: @熬鹰WEB3, 2026-02-08 10:17:49/#2124612；ref: window] 【Source of Opinion Material】 The ETH market has been described as "too strong," reflecting the market's strong focus on and active speculation surrounding ETH's recent performance. [src: @熬鹰WEB3, 2026-02-08 10:17:49/#2124612；ref: window]