#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 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 painting a different picture.

How?

Before this attack, the market was in a state of overbuying, requiring a correction to calm its strength and form a swing low, which has already materialized, and its strength has also calmed down.

The current market situation from a technical standpoint appears to be bullish, as its strength has dropped to its lowest level, the Bollinger range volatility is at its highest levels, and the price movement is also extended.

Thus, from a technical perspective, the market is a good buying option.

Here’s 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 for setting a swing average interest rate of 10% of their capital.

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

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