ETH: Summary of the discussion in the WEB3 community (14:00:10 ~ 15:00:10)

[Analysis of Opinion Material] ETH is currently showing no volatility, with a lack of significant price action and fund flows. [src: @unknown/熬鹰WEB3, 2026-02-08 14:01:21/#2124892；ref: window] ETH trading volume is relatively low, and the market size is limited, lacking the conditions for large-scale manipulation. [src: @CTX/熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: ctx] The ETH market has shown a "double-bottom" pattern, which may be the result of contract liquidation, suggesting that short-term funds are profiting from contract volatility. [src: @CTX/熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: ctx] There is speculation that the "Heaven and Earth Needle" liquidation mainly originated from the Bybit exchange. If the specific entity responsible for the liquidation can be identified, it would confirm the liquidation behavior. [src: @CTX/熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: ctx] The "Heaven and Earth Needle" liquidation event may have been caused by a system setting error, possibly due to an internal operational mistake. [src: @CTX/熬鹰WEB3, 2026-02-08 10:04:08/#2124600；ref: ctx] ETH prices showed short-term strength, market sentiment was high, and there was a strong speculative atmosphere. [src: @CTX/熬鹰WEB3, 2026-02-08 10:17:49/#2124612；ref: ctx] 【Key Clues Summary (Optional)】 1. Low trading volume in the ETH market makes manipulation by large investors difficult. 2. The short-term "double-bottom" liquidation pattern affects ETH price fluctuations. 3. The liquidation funds are suspected to mainly originate from the Bybit exchange. 4. The liquidation event may have been caused by a system setting error. 5. ETH experienced a strong short-term price increase, accompanied by obvious speculative sentiment.