ETH: Summary of discussions in the CoinAnk Chinese discussion group (12:00:11 ~ 13:00:11)

[Analysis of Key Points] 1. A user issued the short command "fc ETH," hinting at potential action or attention towards ETH, reflecting active market participation and signaling potential capital activity. [src: @Anonymous User/CoinAnk Chinese Discussion Group, 2026-02-11 12:40:34/#2146033; ref: window] 2. The spot price of ETH is approximately $2007.62, and the contract price is $2006.45. The price has fallen by 1.02% in the past hour and 0.29% in the past four hours, indicating a slight pullback in the short term. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 3. The ETH funding rate is negative (-0.0127%), indicating that longs are paying funding fees to shorts. Shorts face significant funding pressure in the short term, which may affect fund flows and market sentiment. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 4. The long/short ratio is as high as 2.3212, showing that there are significantly more longs than shorts in the market. The overall market is bullish, but prices may still fall, indicating potential divergence or profit-taking risks. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 5. In the past hour, total ETH holdings decreased by 0.44%, and in the past 24 hours by 1.87%, indicating that some investors reduced their holdings in the short term, possibly reflecting profit-taking or risk aversion. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 6. The total ETH trading volume reached 43.184 billion in the past 24 hours, indicating ample liquidity and high market activity, reflecting strong trading activity and frequent capital inflows and outflows. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 7. As the core asset of the Ethereum ecosystem, ETH is still considered an important representative of Layer-1 and smart contract sectors, and market participants are paying attention to its ecological value and future development potential. [src: @CTX/CoinAnk Chinese Discussion Group, 2026-02-11 11:24:49/#2145344; ref: ctx] 【Key Clues Summary】 - ETH price has fallen slightly in the short term, and there is profit-taking pressure in the market. - The number of long positions exceeds that of short positions, and the negative funding rate indicates that short positions have lower funding costs. - Total open interest across the network has decreased in the short term, with some funds flowing out. - ETH market trading is active, with large trading volumes. - ETH, as the core of the Ethereum ecosystem, still has recognized ecological value.