🌡 Market Pulse
ETH is up +2.73% while BTC barely holds $64,900 — and the divergence has a clean explanation. BlackRock's ETF is rotating fresh money into Ether, while two cohorts of Bitcoin holders are taking profit on every push toward $65K, capping the move. Meanwhile the macro backdrop stays messy: Hormuz tensions are lifting oil and gold, the ECB is repricing its rate path, and long bonds (TLT) are drifting lower — not the environment that makes risk assets run freely. Fear & Greed at 25 with funding rates near flat means the market is cautious, not leveraged — a grind, not a breakout. Watch whether BTC can absorb the sell pressure above $65K; if it clears that zone, the next leg has room. If not, ETH's outperformance may stall too.
#SorooshX

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