$ETH Market News and Concerns

Since the Israeli attack on Iran, the market has faced a strong shock and has fallen sharply. The Israeli Defense Minister 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 paints a different picture.

How?

Before this attack, the market was in an overbought state, requiring a correction to cool off its strength and form a swing low, 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, and the Bollinger range volatility is 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 at 2510, which is a swing average interest rate setup.

Thus, traders may 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 at its lowest at 142, which can be used to buy SOL immediately.$ETH $ETH