#ETH short-term funds are withdrawing; in the next fifteen minutes, large orders show a clear net outflow, but over the past three hours the capital flow has still been entirely positive—this is a typical divergence. The direction hasn’t fully opened up yet. The medium-term inflow is propping things up, but the real, hard cash short-term selling pressure is more honest. The leverage and borrowing ratio is still trending lower at low levels, indicating that bulls have no intention to add positions; the rebound lacks follow-through. If the key support levels below can’t be held, you’ll need to reassess the repair/turnaround timing and rhythm.