Alert: $BTC Has Shifted Market Structure — 8 Signals
ETF flows from BlackRock and Fidelity are now a dominant driver of $BTC price action.
The market is splitting: $BTC / $ETH → institutional capital
Alts → retail-driven liquidity
Breadth is thinning. Liquidity is selective. Retail participation is fading.
Macro > crypto narratives. Rates, dollar strength, and global risk appetite are leading.
Rotation is slower and narrower. Capital is concentrating, not broadly expanding.
This is not 2021.
Position for an institution-first regime.