ETH: Summary of discussions in the CoinAnk Chinese discussion group (14:00:09 ~ 15:00:09)

[Extracting viewpoint materials] The spot price of ETH is $1971.52, and the futures price is $1970.55. The price has fallen 0.23% in the past hour and 2.75% in the past four hours, indicating short-term price pressure. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] The ETH contract funding rate is -0.0099%, indicating that long positions are currently paying funding fees to short positions, and short sentiment is slightly dominant in the market. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] The long/short position ratio is 2.2787, indicating a significant increase in long positions compared to short positions, suggesting a potential risk of long congestion. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] The total trading volume of Ethereum (ETH) reached 42.992 billion yuan in the past 24 hours, indicating high trading activity and frequent capital flows. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] The total open interest (OPI) of ETH across the entire network is 19.745 billion yuan. While it increased by 1.06% in one hour, it decreased by 2.65% in the past 24 hours, indicating a short-term outflow of funds. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] With a market capitalization of $238.125 billion and a circulating supply of 120 million, Ethereum (ETH) maintains a high market size and liquidity, supporting its core position as a layer-1 smart contract platform. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window] Market discussions focused on the Ethereum ecosystem, Layer-1, and smart contracts, reflecting investor interest in ETH's value as a smart contract infrastructure. [src: @CoinAnk Chinese Discussion Group, 2026-02-11 14:07:38/#2146591; ref: window]