Ethereum: Trader Flags Entry Zone Ahead of Clarity Vote

Ethereum sits at $1984.33 and Michaël van de Poppe calls the zone attractive for fresh positions ahead of the CLARITY Act vote this month.

The analyst frames the legislation as classic sell-the-rumor, buy-the-news material that should funnel capital into #DeFi once clarity arrives, prompting him to consider adding ETH to his book after months on the sidelines.

Price action on the 4h chart shows ETH testing the lower Bollinger Band support at $1984.4 while the EMA50 at $2043.51 and EMA200 at $2164.3 cap any bounce as firm resistance; the MACD death cross at -13.27 keeps the structure bearish yet RSI at 37.17 leaves room for a relief move into the vote without immediate oversold conditions.