Market News and Concerns

Since the Israeli attack on Iran, the market has experienced 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 is painting a different picture.

How?

Before this attack, the market was in an overbought state, requiring a correction to calm its strength and form a swing low, which has already occurred, and its strength has calmed down as well.

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

Thus, 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 price setup.

Therefore, traders may also consider the current market price for a swing average price setup of 10% of their capital.

We will plan a swing average price on this setup as a market movement.

For immediate holdings, the price of SOL is the lowest at 142, which can be used to buy SOL in the spot market.