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BTC near $77.2K while ETH takes a much larger daily drawdown points to selective de-risking, not a uniform exit from crypto. SOL staying nearly flat reinforces that view, broad beta is not confirming ETH’s weakness. BTC still looks like the market’s preferred liquidity anchor. With ETH back below $2,500, I would treat a near-term bounce as balance-sheet repair until its relative performance improves. Just my read, not advice.