$ETH is near-term setup is bullish but overheated. Recent data puts ETH around $2,340–$2,400, with strong momentum and rising institutional/ETF demand.
Bullish scenario: Holding $2,280–$2,300 keeps the breakout structure intact; a move above $2,400–$2,450 could open the way toward $2,500+.
Pullback scenario: RSI is showing overbought conditions, so consolidation or a correction is possible.
Key support: ~$2,280, then ~$2,200.
Key resistance: ~$2,400–$2,450.
Overall: 🟢 Bullish bias, but avoid assuming the rally will move straight up—short-term volatility could be high.
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