Market’s just rotating into equities, and ETH’s getting caught in the crossfire. Crypto cap slipped to two point five trillion, profit-taking after stocks hit fresh highs.

Bitcoin’s grabbing most of the institutional money, ETH/BTC’s been sliding, plus ETF outflows are weighing on it. It’s down about three percent today, sitting near two thousand three sixty.

Short-term it’s technical—holding two thousand three hundred is key, but the macro vibe’s not helping.