ETH: Summary of discussions in the CoinAnk Chinese discussion group (21:00:10 ~ 22:00:10)

[Analysis Material Extraction] The current price of ETH is $2131.28. Short-term (5 minutes to 1 hour) contract funds are showing significant inflows, with 17.30M in the 5-minute chart and 172.51M in the 1-hour chart, indicating high short-term trading activity. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window] ETH spot funds fluctuate significantly in the short term. Overall, spot funds are flowing in from 5 minutes to 1 hour, with 2.24M and 2.07M in the 15-minute and 1-hour charts respectively. However, significant spot fund outflows begin to appear in 2-hour and longer periods, with -832.37K in the 2-hour chart, and -4.98M and -40.01M in the 4-hour and 12-hour charts respectively. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816；ref: window] Medium- and long-term contract funds showed a significant net outflow trend. The 7-day contract saw a net outflow of 1.80B, while the 15-day and 30-day contracts saw net outflows of 6.62B and 9.29B respectively, indicating that institutions or large investors chose to reduce their positions or take profits in their medium- and long-term holdings. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816；ref: window] Spot funds also experienced a significant net outflow in medium- and long-term cycles. The 15-day and 30-day contracts saw net outflows of 548.84M and 593.14M respectively, while the 1-day contract saw a staggering -131.46M, indicating strong selling pressure or profit-taking behavior in the spot market. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816；ref: window] Within a 3-day period, there was a significant net inflow of funds into contracts, amounting to 433.80M, while spot funds also saw a net inflow of 308.33M, indicating a certain degree of buying interest in the short to medium term, possibly indicating a phase of speculation or positioning. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816；ref: window] Within a shorter period (6 hours), there was a net inflow of funds into contracts reaching 344.58M, while spot funds also saw an inflow of 7.22M, indicating that bullish forces were relatively concentrated in the market within this time window, potentially driving a short-term price increase. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window] Spot funds showed continuous outflows in the 8-hour and 12-hour timeframes, at -20.07M and -40.01M respectively, indicating that within a half-day window, some holders chose to cash out or switch to other assets. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window] The 15-day and 30-day contract funds showed continued significant net outflows, possibly reflecting a cautious or bearish outlook on the medium- to long-term trend of ETH, with institutional funds gradually withdrawing from long contract positions. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window] The 7-day net inflow of spot funds is 56.37M, contrasting sharply with the significant net outflow of contract funds. This suggests that some funds may be shifting from contracts to spot, indicating a possible position shift and adjustment in risk appetite. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window] The synchronized inflow of spot and contract funds in the short term suggests high buying enthusiasm and bullish momentum in the market, potentially triggering price volatility and short-term speculation. [src: @CoinAnk Chinese Discussion Group, 2026-02-08 21:21:42/#2125816; ref: window]