Market Update & Fear Sentiment
🔻 Market Impact:
After Israel’s strike on Iran, the market took a significant hit and crashed. The Israeli defense minister stated that strikes may continue for a few more days, which could add more pressure to the market.
📊 But technically, the market shows a different story:
Prior to this conflict, the market was overbought and needed a correction to cool off.
A swing low has now formed, and momentum has cooled down.
Strength indicators are at their lowest levels.
Bollinger Band volatility is at its peak.
Price action is extended.
✅ This indicates a potential relief zone and buying opportunity.
📈 My Trading Plan
🔹 Futures:
I’ve opened an ETH futures position at $2510 as a swing DCA setup.
Traders may consider entering a swing DCA at the current level with 10% of their capital and scale in as the market moves.
🔹 Spot:
SOL is at its base price ($142) — good for spot buying.
JUP, BNB, ADA, QNT — all at attractive levels for spot entries.
⚠️ Reminder:
Always use proper risk management and never invest more than you can afford to lose.
📊 Stay updated, trade smart! #IsraelIranConflict #MarketPullback