{"id":438078,"date":"2026-09-15T15:00:07","date_gmt":"2026-09-15T08:00:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/ethereum-gets-jittery-ahead-of-clarity-act-vote-and-fed-decision-what-to-watch-next-438078\/"},"modified":"2026-09-15T15:00:07","modified_gmt":"2026-09-15T08:00:07","slug":"ethereum-gets-jittery-ahead-of-clarity-act-vote-and-fed-decision-what-to-watch-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/ethereum-gets-jittery-ahead-of-clarity-act-vote-and-fed-decision-what-to-watch-next-438078\/","title":{"rendered":"Ethereum gets jittery ahead of CLARITY Act vote and Fed decision. What to watch next?"},"content":{"rendered":"<div>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">FUNDAMENTAL OVERVIEW<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">\u00a0<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>Ethereum has been<br \/>\n        remarkably resilient over the past week, considering the increasingly negative<br \/>\n        macro backdrop for risk assets. The <a href=\"https:\/\/investinglive.com\/news\/us-august-cpi-vs-3-4-expected\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">higher than<br \/>\n            expected US monthly core inflation<\/a> data has sealed a Fed rate hike on Wednesday,<br \/>\n        while oil prices above $100 are <a href=\"https:\/\/investinglive.com\/education\/how-oil-prices-influence-inflation-inflation-expectations-and-monetary-policy\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">adding<br \/>\n            inflationary pressure<\/a> and reinforcing expectations for tighter monetary<br \/>\n        policy.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>Despite these headwinds, Ethereum<br \/>\n        has managed to hold relatively firm. This suggests that crypto-specific<br \/>\n        developments might have been providing short-term support to offset the negative<br \/>\n        macro pressure. The main driver might have been growing optimism for the<br \/>\n        cloture vote on the CLARITY Act. <\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>The legislation seeks to<br \/>\n        provide the US crypto industry with a more defined regulatory framework,<br \/>\n        including a clearer division of responsibilities between the SEC and CFTC. It<br \/>\n        would also introduce regulatory requirements for crypto exchanges, brokers and<br \/>\n        dealers.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>Greater regulatory clarity would<br \/>\n        be positive for the crypto market. Clearer rules would reduce uncertainty for<br \/>\n        exchanges and traditional financial institutions, while potentially making it<br \/>\n        easier for asset managers and other financial firms to develop and offer<br \/>\n        crypto-related products. If successful, the legislation could pave the way for<br \/>\n        greater institutional participation, deeper market liquidity and additional<br \/>\n        capital entering the crypto market.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>The immediate catalyst comes<br \/>\n        <a href=\"https:\/\/investinglive.com\/cryptocurrency\/crypto-democrats-meet-ahead-of-tuesday-s-crucial-clarity-act-vote-btc-eth-implications\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">today<br \/>\n            at 2:15pm ET, when the Clarity Act faces its first major Senate hurdle in the<br \/>\n            form of a cloture vote<\/a>. The vote requires 60 senators to support opening<br \/>\n        debate on the legislation.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>A failed vote could close<br \/>\n        the legislative window for crypto market structure this year, given the<br \/>\n        November midterms. This outcome would likely be negative for Ethereum and could<br \/>\n        trigger a selloff. But even a successful vote may not be positive. With the<br \/>\n        FOMC decision coming tomorrow, I think Ethereum could experience a classic &#8220;sell<br \/>\n        the fact&#8221; reaction as traders shift their attention from the Clarity Act<br \/>\n        back to monetary policy and the macro picture.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the daily chart, we can<br \/>\n        see that <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">Ethereum<\/a> probed<br \/>\n        above the 2,560 resistance two times but failed to sustain the breakout. This<br \/>\n        might be a bearish signal if we also consider the macro backdrop. If the price<br \/>\n        drops back to the 2,360 support, we can expect the buyers to step in there with<br \/>\n        a defined risk below the support to keep targeting a rally into the 3,000<br \/>\n        level. The sellers, on the other hand, will want to see the price breaking<br \/>\n        below the support to increase the bearish bets into the major trendline next. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 4 hour chart, there\u2019s<br \/>\n        not much we can glean from this timeframe as the choppy price action inside the<br \/>\n        range doesn\u2019t give clear levels where to lean on except the main support and<br \/>\n        resistance defining the range. Nonetheless, the swing low around the 2,462<br \/>\n        level could act as a minor support. The buyers might step in there with a<br \/>\n        defined risk below it to keep pushing into new highs, while the sellers will<br \/>\n        look for a break to increase the bearish bets into the 2,360 support next.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 1 hour chart, there\u2019s<br \/>\n        not much we add here but from a risk management perspective, the buyers will<br \/>\n        have a better risk to reward setup around the 2,360 support, while the sellers<br \/>\n        will want to see the price breaking below it to extend the drop into new lows.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">UPCOMING CATALYSTS<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\"><a href=\"https:\/\/investinglive.com\/EconomicCalendar\" rel=\"follow\">Today<\/a>, we have the cloture vote onCLARITY Act. Tomorrow, we have the<br \/>\n        FOMC rate decision. On Thursday, we get the US Jobless Claims figures. Traders<br \/>\n        will also keep a close eye on developments in the Middle East.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FUNDAMENTAL OVERVIEW \u00a0 Ethereum has been remarkably resilient over the past week, considering the increasingly negative macro backdrop for risk assets. The higher than expected US monthly core inflation data has sealed&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438078","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438078"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438078\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}