Question about current insane BTC transactions fees

I'm sure everyone is aware and is already discussing the insane BTC transaction fees.. I know little about it or why it's happening but the question I have is how long this might last?

Yesterday I bought $430 from Coinbase and received roughly $405. Later in a day I bought another $20 but only received $4.50 (I guess I should have been paying more attention).

I currently have around $410 in my BTC Electrum wallet. I was hoping the fees would drop a little overnight but they are still high as heck!

I'm trying to transfer out my $410 but even with ETA set to "within 10 blocks" still has a rate of 209.5 sat/byte which is roughly $40ish transaction fee! I'm also guessing it will take days to process (or am I wrong and it will it actually be quicker?) I usually send with ETA fee set to "within 2 blocks" (which is roughly $2-4 and it takes 30-60min.)

I was going to use these BTC to pay for software I was going to buy but I didn't read up about insane fees before I bought the BTC. How long might these insane fees last? I was hoping they would go down overnight but seem to remain the same. Should I just bite the bullet and pay them or will they do down soon, if I wait another 24 hours or so!?

I understand no one can know for certain themselves but I'm not really keen on how BTC fees work etc. so I figured I would ask because I need to complete my payment and don't know what to do. Any input or advice is appreciated!