#IsraelIranConflict Market News and Concerns
Since the Israeli attack on Iran, the market has experienced a strong shock and has severely declined. 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 condition, necessitating a correction to calm its strength and form a swing low, which has already taken place, and its strength has also calmed down.
The current technical situation of the market appears to be on an upward trend, as its strength has dropped to its lowest level, the Bollinger range volatility is at its highest levels, 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 swing average interest rate setup.