#IsraelIranConflict #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 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 state, requiring a correction to ease 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 decreased to its lowest level, and the Bollinger Band volatility has been at its highest, with price movement 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 setup for a swing average interest rate.

Thus, 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.