ETH: Summary of discussions in the CoinAnk Chinese discussion group (10:00:06 ~ 11:00:06)

[Analysis Material Extraction] The spot price of ETH is $2948.13, and the contract price is $2946.97, indicating that the two prices are close and the market pricing is relatively consistent. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] ETH prices have fallen 0.82% in the past hour and 0.47% in the past four hours, showing a slight pullback trend in the short term, with market sentiment leaning towards caution. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] The ETH contract funding rate is 0.0002%, indicating that the funding costs for both long and short positions are close to balanced, the use of leverage in the market is relatively mild, and the funding situation is relatively stable. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805；ref: window] The long/short ratio is 2.0855, indicating that the number of long positions is approximately twice that of short positions, suggesting a clear bullish sentiment in the market and investors' preference for ETH. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805；ref: window] Over the past hour, total open interest across the network has decreased by 1.05%, and over the past 24 hours by 3.48%, indicating that some investors are reducing their leveraged positions, possibly due to short-term profit-taking or a wait-and-see attitude. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] ETH's total 24-hour trading volume reached 43.677 billion yuan, indicating high market activity, good liquidity, and numerous trading opportunities in the short term. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] ETH currently has a market capitalization of $356.103 billion and a circulating supply of 120 million. As a layer-1 smart contract platform, it continues to maintain strong ecosystem activity and market recognition. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] ETH belongs to the Ethereum ecosystem, layer-1, and smart contracts sectors. Market speculation continues to focus on its ecosystem development and smart contract applications. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 10:11:44/#1557805; ref: window] 【Key Clues Summary (Optional)】 1. ETH price is experiencing a slight pullback in the short term, with a 0.82% drop in the 1-hour period and a 0.47% drop in the 4-hour period. 2. The number of long positions is approximately twice that of short positions, indicating a clear bullish sentiment in the market. 3. Leveraged positions are decreasing continuously, indicating cautious position adjustments by short-term funds. 4. Funding rates are close to zero, indicating moderate leverage usage and stable funding conditions. 5. High 24-hour trading volume indicates active market liquidity. 6. The ETH ecosystem and smart contract sector remain the main focus of the market.