Ethereum Price Analysis: ETH Holds Support Amid CLARITY Act Setback and Fed Decision

Ethereum is consolidating between $2,405 and $2,600 despite a 4% daily decline and the failure of the CLARITY Act to pass the Senate. While retail investors continue to sell, whale wallets holding 10K-100K ETH have accumulated approximately 200K ETH over the past week, supported by consistent inflows into spot ETH ETFs. Analysts suggest that a close above $2,600 could trigger a move toward $3,000, while a drop below $2,350 might invalidate the current bullish setup ahead of the upcoming FOMC decision.