#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 could further affect 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, requiring a correction to calm its strength and form a swing bottom, which has already formed, and its strength has calmed down as well.

The current situation of the market, from a technical perspective, appears to be bullish, as its strength has dropped to its lowest level, and the Bollinger Band volatility is at its highest, with price movement also extended.

Thus, from a technical standpoint, the market is a good buy option.

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

Therefore, traders can also consider the current market price for setting an average swing interest rate of 10% of their capital.

We will plan an average swing interest rate on this setup as a market movement.