#IsraelIranConflict
Israel-Iran Conflict: Is the Market Crash a Buy Opportunity?
After Israel launched strikes on Iran, global markets reacted sharply, triggering a notable dip. The Israeli defense minister has stated that operations may continue for a few more days, adding to the fear. But as a trader, I always look beyond the headlines and focus on the technicals.
Before this geopolitical tension, the market was clearly overbought and due for a correction. Now, that correction has played out. A swing low is in place, RSI has cooled down, Bollinger Band volatility has peaked, and price action looks extendedโall signs that a relief move is likely.
Iโve already opened an ETH futures position at $2,510 as part of a swing DCA strategy. For those looking to enter, this zone is ideal for starting a 10% capital allocation. We'll DCA further as the market evolves.
