ETH: Summary of discussions in the CoinAnk Chinese discussion group (03:00:07 ~ 04:00:07)

[Analysis of Key Takeaways] The spot price of ETH is $2949.53, and the contract price is $2948.5. The price rose 0.73% in the past hour and 1.19% in the past four hours, indicating a short-term price rebound. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 03:06:45/#1557148; ref: window] The total trading volume of ETH across the network reached 46.537 billion yuan in the past 24 hours, with a total open interest of 29.087 billion yuan. Open interest increased by 1.02% in the past hour but decreased by 2.77% in the past 24 hours, indicating fluctuations in short-term capital flows. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 03:06:45/#1557148; ref: window] ETH funding rate is 0.0029%, and the long/short ratio is 2.1496, indicating that the number of long positions significantly exceeds that of short positions, and the market sentiment is clearly bullish. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 03:06:45/#1557148; ref: window] ETH currently has a market capitalization of $355.66 billion and a circulating supply of 120 million. It belongs to the Ethereum-ecosystem, Layer-1, and smart-contracts sectors, indicating that its core position as a smart contract platform remains unchanged. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 03:06:45/#1557148; ref: window] There were retrospective discussions in the community, mentioning that "the last debate about ETH feels like yesterday," suggesting that discussions and controversies surrounding ETH continue, reflecting the community's ongoing focus on and debate surrounding ETH's value and price movement. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 03:47:06/#1557188; ref: window]