#IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has dropped significantly. The Israeli Minister of Defense also stated that the attacks will continue for a few days, which may further affect the market. However, looking at the technical analyses, the market paints a different picture.

How?

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

The current market situation, from a technical perspective, is in an upward trend, as its strength has dropped to its lowest level, the Bollinger Bands' range volatility is at its highest, and price movement is also extended.

Thus, from a technical standpoint, 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 interest rate setup.

Therefore, traders can also consider the current market price to set a swing average interest rate of 10% of their capital.

We will plan a swing average interest rate on this setup as a market move.