I need to adjust the strategy for shorting WTI and Brant now.

CN
Phyrex
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46 minutes ago

I currently need to adjust my strategy for shorting WTI and Brant.

First, I shorted WTI at $75.5 in CLUSDT.

Then I shorted Brant at $80 in BZUSDT.

I was originally planning to continue shorting WTI at $78, but I'll wait for now.

After the U.S. announced charges for the Strait of Hormuz, the overall trend seems a bit off, and the U.S. has re-blocked Iranian ports, so I need to observe a bit more before placing the second short.

The liquidation price for both current orders is above $90; if oil prices continue to rise, I may increase the margin to over $100.

I'm a bit confused about what the U.S. really wants; a 20% charge is clearly beyond a reasonable range, even Iran wouldn't charge such a high price.

What the U.S. is doing is completely provocative; a 2% charge would be more acceptable, but a 20% charge seems highly unlikely, so I plan to wait and see.

@Gate Crypto, U.S. stocks, Hong Kong stocks, South Korean stocks, gold, CFD, all-in-one trading for prediction markets


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