Ethereum Price Prediction: ETH Shrugs Off CLARITY Act and Fed Decision, Could Break $3,000
Ethereum sits at $2,400, dropping a brutal 4% on the day amid its bullish price prediction a week earlier. The largest altcoin absorbed a legislative gut-punch and is staring down a Fed decision that would rattle most assets, yet whale wallets are still buying.
The CLARITY Act failed to clear the 60-vote cloture threshold in the Senate on Tuesday, triggering an immediate 5% drop toward $2,400 as regulatory clarity got pushed further down the road. Despite that, the setback hasn’t broken the underlying bid.
Exchange netflow data shows reserves falling by 159K ETH over five days, while wallets holding 10K-100K ETH, or the whale cohort, added roughly 200K ETH to their stacks over the past week.
Retail, meanwhile, dumped about 192K ETH, continuing a distribution pattern that’s held since January.Add in $121 million of spot ETH ETF inflows on Monday, and $216.4 million on Friday, and the divergence between institutional accumulation and retail selling becomes the real story heading into Thursday’s FOMC decision.Trade ETH on Bybit and Get a Chance to Win Our $1,000 USDT AirdropEthereum Price Prediction: Will ETH Hit $3,000 This Week?ETH is consolidating in a triangle pattern between support at $2,405–$2,485 and resistance at $2,535–$2,600.
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