ETH: Summary of discussions in the CoinAnk Chinese discussion group (22:00:06 ~ 23:00:06)

[Extracting viewpoint materials] 1. The current price of ETH is $2893.43. In the short term, there has been a significant net outflow of funds from futures contracts, with outflows exceeding $100 million in both the 5-minute and 1-hour timeframes. Spot fund outflows have been relatively smaller. This performance reflects strong short pressure in the short-term market. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 2. Funds in 4-hour and 6-hour timeframe contracts continued to see net outflows, at -$132 million and -$10.54 million respectively. Spot fund outflows intensified, particularly with a 6-hour outflow reaching $46.82 million, indicating a continued withdrawal of short- to medium-term funds from the spot market. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 3. There was a slight net inflow of funds into 8-hour and 12-hour contract periods (96.06M in 8 hours and 5.9M in 12 hours), but corresponding spot funds still saw significant outflows, at -$57.9 million and -$66.35 million respectively, indicating that some contract traders may be hedging against short selling pressure in the spot market by long. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 4. Daily chart contract funds saw a significant net inflow of 438.85 million USD, while spot funds also saw a positive inflow of 44.9 million USD, indicating that long-term funds or institutional investors are beginning to buy in, forming potential bottom support signs. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 5. Net inflows of funds continued for 3-day and 7-day futures contracts, amounting to 181 million and 265 million respectively, while spot funds saw net outflows of 53.41 million and 37.7 million respectively. This reflects increased bullish sentiment among medium-term contract traders, but spot holders still face some selling pressure. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 6. Both 15-day and 30-day futures contracts and spot trading saw significant net outflows. 15-day futures contracts saw an outflow of $929 million, and spot trading saw an outflow of $775 million. 30-day futures contracts saw an outflow of $558 million, and spot trading saw an outflow of $2.45 billion, indicating a continued withdrawal of long-term funds and that the market as a whole is under significant adjustment pressure. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 7. Overall fund flow data shows a two-way game between ETH prices in the short-term and medium-term contract markets. Short short pressure is significant in the short term, while medium- to long-term funds are gradually entering the market. The spot market as a whole is experiencing significant fund outflow pressure, and market sentiment is cautious. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 8. Current market speculation may revolve around short-term price fluctuations. Frequent inflows and outflows of contract funds suggest significant disagreement in the market regarding the future trend of ETH. Further monitoring of fund flows is needed to determine the main market trend. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 9. Fund flow data shows that although long-term funds have withdrawn significantly, short-term funds are actively engaged in speculation, with both long and short positions in contracts showing activity. Short-term traders may be taking advantage of price fluctuations to engage in frequent trading, resulting in high market activity. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] 10. Continued capital outflows in the spot market may reflect a pessimistic outlook among some investors regarding the short-term prospects of ETH, leading them to take profits or reduce their holdings, putting short-term pressure on the market. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 22:38:11/#1562588; ref: window] [Summarizing Key Clues (Optional)] - There was a large net outflow of funds from short-term contracts, while the pressure of fund outflows from spot markets was relatively small but continued. - There are clear signs of net inflows of funds into short- and medium-term contracts, indicating that some funds are beginning to actively participate. - The continued large-scale withdrawal of long-term funds reflects the overall adjustment pressure in the market. - Funds continued to flow out of the spot market, and investors were cautious in the short term. - The contract market is characterized by intense competition between bulls and bears, resulting in high market activity.