$BTC Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has fallen sharply. The Israeli defense minister has also stated that the attacks will continue for a few days, which may further impact the market. However, looking at the technical analyses, the market is drawing a different picture.

How?

Before this attack, the market was in an overbought condition, necessitating a correction to cool its strength and form a swing bottom, which has indeed formed, and its strength has also calmed down.

The current technical situation of the market appears to be bullish, as its strength has dropped to its lowest level, the Bollinger Bands' volatility is at its highest, and the price movement is also extended.

Thus, technically, the market is a good buying option.

This is my plan: I have already opened a futures position on Ethereum at 2510, which is a swing average price setup.

Therefore, traders can also consider the current market price for a swing average price setup of 10% of their capital.

We will plan a swing average price on this setup as a market movement.

For immediate holding, the price of SOL is the lowest at 142, which can be used to buy SOL immediately.