Ethereum nears $2,400 breakout amid bullish accumulation and potential Clarity Act boost.

Ethereum (ETH) is showing signs of bullish accumulation below the $2,400 resistance level, suggesting a potential breakout soon. The approval of the Clarity Act in the U.S. could increase stablecoin adoption, benefiting Ethereum as a leading blockchain in decentralized finance. Despite recent underperformance compared to other altcoins, ETH's futures open interest has risen 38% in three months, indicating growing speculative interest. Technical indicators and historical patterns suggest ETH bottomed at $1,800 and could rally strongly over the next year if it breaks above $2,400, potentially reaching $2,800 or higher.