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Recently, the key trades have been shorting WTI and bottom-fishing Bitcoin.

CN
Phyrex
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3 hours ago
AI summarizes in 5 seconds.

The recent focus of trading has been shorting WTI and double currency buying Bitcoin. The former has just ended its continuous accumulation, and there's some hope visible now. The latter hasn't had any trades in the last two days; every weekend, I feel quite conflicted. If I buy at the expected price of $74,000 to $75,000, the interest is too low, and waiting until Monday seems a bit long. If the price goes higher, I don't want to buy, which makes it a little confusing.

Additionally, aside from regular investments, the main focus in US stocks this year is on electricity. Electricity is currently the biggest underlying demand. Whether for Bitcoin or AI computing power, it all relies on electricity, especially now that the world is in a state of short supply. Moreover, if AI is to continue developing, the greater the demand for GPUs, the larger the gap in electricity supply will be. By 2026, I have high hopes for power generation.

There aren't any surprises between the US and Iran today. Every weekend, I worry whether Trump will cause trouble. As long as Trump spends the weekend quietly, the market changes are minimal. Today, OPEC+ announced an increase in production for June. Although the increase isn't significant, it helps lower oil prices in terms of sentiment.

Looking back at Bitcoin's data, holiday liquidity is low, turnover rates are down, trading volumes are reduced, and nothing fresh has happened, so there are also slight changes in price. It's a good time to rest for a few days.

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Selected Articles by Phyrex

5 hours ago
It's hard to say in detail.
5 hours ago
Expressing several different viewpoints:
6 hours ago
OPEC+ seven countries have agreed in principle to increase production quotas by approximately 18 in June.
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