#IsraelIranConflict

Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has fallen sharply. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further impact the market, but 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 formed, and its strength has calmed down as well.

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

So, technically, the market is a good buying option.

This is my plan: I have already opened a futures position on Ethereum from 2510, which is a swing average interest rate setup.

Therefore, traders can also consider the current market price for a swing average interest rate setup 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 in the spot market.