The Market and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has declined sharply. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further affect the market, but looking at the technical analyses, the market paints 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 bottom, which has already formed, and its strength has also calmed down.

The current situation of the market technically appears to be upward, as its strength has dropped to its lowest level, the Bollinger range volatility is at its highest, and the 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 from 2510, which is a medium interest rate swing setup.