🪐 BTC Rotation, But Not a Clean Break This looks less like a celebration of altseason and more like Bitcoin losing marginal bid while risk appetite tests the edges. A $145.65 million BTC ETF outflow alongside tiny ETH and selective SOL/XRP inflows tells me capital is becoming picky, not fearless. The bull case is simple: rotation is how a market breathes before a broader expansion, and early inflows into SOL and XRP suggest the market is probing for higher-beta exposure. The bear case is cleaner: this may just be cautious de-risking of BTC with no real conviction behind the alt bids yet. I lean slightly bearish on the near-term tape because the flows are fragmented, not coordinated — that usually means narrative, not commitment. 👁️ The sharp read: BTC is still the gravity well; until the outflows stop, alt inflows look more like scouting than regime change. ⚠️ Personal analysis only. Not financial advice. DYOR. #BTC #ETH #SOL