$BTC #IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has fallen sharply. The Israeli Minister of Defense also stated that the attacks will continue for a few days, which may further impact the market. However, looking at the technical analyses, the market is painting a different picture.

How?

Before this attack, the market was in an overbought condition, requiring a correction to calm its strength and form a swing bottom, which has already occurred, 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, the Bollinger range volatility is at its highest, and the price movement is also extended.

Therefore, technically, the market is a good buying opportunity.

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