$ETH Market Panic vs Technical Clarity

After Israel launched strikes on Iran, the market reacted exactly how fear-driven markets do: it crashed hard.

But then Israel’s defense minister dropped another line—🗣️ “Strikes will continue for a few more days”—and fear deepened.

But here’s what the charts say👇

📉 Before the attack:

Markets were overbought, overheated, and due for a correction.

That correction just happened.

Now? We’ve got a clean swing low, strength has cooled down sharply, and the setup is aligning.