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Ethereum faces 20 percent drop warning as institutions already rotate into bitcoin

Ethereum (ETH) is trading in the $2,100 range as a head-and-shoulders pattern on the 12-hour chart raises the possibility of about a 20 percent decline. BeInCrypto cited ETF fund flows and slowing on-chain demand as factors behind institutions preferring bitcoin (BTC) over ether. Bitcoin spot ETFs saw $1.32 billion in net inflows in March, while Ethereum ETFs recorded net outflows, extending a five-month streak.