This is not market-wide fear — it is targeted $ETH distribution by institutional players.
Signal: when BTC and $ETH ETF flows move in opposite directions, it confirms a rotation trade. Capital is not leaving crypto — it is leaving Ethereum specifically.
Implication: $ETH faces headwinds even if $BTC stabilises or rallies from here.
Verdict: Avoid aggressive $ETH longs until ETF flows reverse.
