#VietnamCryptoPolicy #IsraelIranConflict Market News and Concerns
Since the Israeli attack on Iran, the market has experienced a strong shock and has dropped sharply. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further affect the market, but looking at the technical analyses, the market paints a different picture.
How?
Before this attack, the market was in an overbought condition, requiring a correction to temper its strength and form a swing low, which has already happened, and its strength has also calmed down.
The current market situation technically appears to be in an upward direction, as its strength has dropped to its lowest level, the Bollinger range volatility is at its highest levels, and the price movement is extended as well.
So, technically, the market is a good buy option.
This is my plan: I have already opened a futures position on Ethereum at 2510, which is a swing average interest rate setup.
So, 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.
For immediate retention, the price of SOL is the lowest at 142, which can be used to buy SOL in the immediate market.