ETH, SOL, and ADA just can’t catch a break. While stock markets are smashing records, these major altcoins keep sliding lower. Normally, when stocks are flying, you’d expect crypto to get a boost too. Not this time. Bitcoin’s dragging its feet, and that’s pulling the whole market down with it.

Bitcoin’s been stuck, barely moving and unable to break through key resistance. That lack of energy makes traders nervous. When Bitcoin stalls, people usually cut back on altcoins first since they’re seen as riskier. So, Ethereum, Solana, and Cardano are all taking a hit even though there’s nothing wrong with them specifically.

There’s more going on, too. With stocks on a steady climb and not swinging wildly, some investors are just moving their money out of crypto and back into traditional markets. They’re not dumping everything overnight; it’s more like a slow trickle, but it still drains liquidity from altcoins. Less liquidity means sharper drops and weaker rebounds.

You can see it in the derivatives market as well. Open interest in big altcoins has cooled off. Traders aren’t piling into leveraged bets they’re closing positions and playing it safe. That cautious vibe keeps a lid on any real surge until Bitcoin finally wakes up.

But this isn’t a total disaster. The market’s just waiting. Altcoins don’t really move on their own they follow Bitcoin’s lead. Until BTC gets its act together, ETH, SOL, and ADA are stuck in its shadow. So, even if Wall Street keeps throwing parties for new highs, don’t expect much from altcoins until Bitcoin finds its footing again.