#IsraelIranConflict

Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has dropped significantly. The Israeli Defense Minister 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 paints a different picture.

How?

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

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

Therefore, 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 medium swing interest rate setup.

Thus, traders may also consider the current market price for setting up a swing interest rate of 10% of their capital.

We will plan a swing 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.