ETH Market Direction

• Next Support: $2,200
• Next Resistance: $2,387
• Direction: Bearish
• Upside Target: $2,490
• Downside Targtet: $2,100

ETH is extremely overbought, and signs of exhaustion are beginning to show. While a final push toward $2,490 remains possible, the current structure and momentum suggest a retrace is more likely in the short term. We’re leaning bearish over the coming days, with $2,200 as initial support — but a deeper move toward $2,100 can’t be ruled out if sellers step in.