$BTC #IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has declined sharply. The Israeli defense minister has 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, which required a correction to cool its strength and form a swing low, which has already formed, and its strength has also calmed down.

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

Therefore, from a technical perspective, 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 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.