$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 Defense Minister also stated that the attacks would continue for a few days, which could further impact the market, but 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 formed, and its strength has also calmed down.

The current market situation technically 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 option.

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

Thus, traders can also consider the current market price for a swing average interest rate setup of 10% of their capital.

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