The situation with ETH deserves closer examination. From the spot market perspective, this pullback has accumulated approximately 17K in net buying pressure, indicating that many retail or small-cap investors are accumulating positions at the bottom. In comparison, futures open interest has remained relatively flat with no follow-up surge, reflecting that large capital is not aggressively following suit with long positions. What's more interesting is the order book structure — the sell side shows obvious accumulation, and this asymmetric depth configuration typically signals upward pressure. So the overall picture is: spot market shows active buying interest, but futures and the order book both reveal cautious attitudes from market participants.