ETH: Summary of discussions in the CoinAnk Chinese discussion group (10:00:09 ~ 11:00:09)

[Extracting viewpoint materials] The spot price of ETH is $2071.44, and the futures price is $2070.17, showing that the spot and futures prices are basically consistent, reflecting the market's convergence in short-term pricing of ETH. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] ETH prices fell 0.58% in the past hour and 1.46% in the past four hours, indicating short-term weakness and increased selling pressure. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] The funding rate is -0.0038%, indicating that short sellers are paying funding fees to long sellers. Currently, short sellers have a slight advantage in the contract market, and fund flows are biased towards short. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] The long/short ratio is 1.9533, indicating that the number of long positions is nearly twice that of short positions, suggesting an overall bullish sentiment among investors. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] The total trading volume across the network in the past 24 hours reached $39.234 billion, indicating active trading in the ETH market, ample liquidity, and high market attention. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] The total open interest across the network was $19.443 billion, decreasing by 0.66% in one hour and 1.61% in 24 hours, reflecting a reduction in positions by some investors in the short term and a strengthening of market caution. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] Ethereum (ETH) has a market capitalization of $249.74 billion and a circulating supply of 120 million. As a core asset in the Layer-1 and smart contract ecosystem, its market fundamentals remain solid. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window] ETH is listed in sectors including the Ethereum ecosystem, layer-1, and smart contracts, demonstrating its central role in the ecosystem and attracting market attention to its development. [src: @CoinAnk Chinese Discussion Group, 2026-02-09 10:16:35/#2127531; ref: window]