#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 attacks will continue for a few days, which may further impact the market, but looking at technical analyses, the market paints a different picture.
How?
Before this attack, the market was in an overbought condition, requiring a correction to ease its strength and form a swing low, which has already formed, and its strength has also calmed down.
The current technical situation of the market 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.
Therefore, technically, the market is a good buy option.
This is my plan: I have already opened a futures position on Ethereum from 2510, which is a swing average interest rate setup.
So, 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 move.
For immediate holding, the price of SOL is the lowest at 142, which can be used to buy SOL immediately.