Trump announced on Sunday Eastern Time.

CN
Phyrex
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2 days ago

Trump announced that this Sunday, Eastern Time, is very likely early Monday morning Beijing time, the United States will sign a peace agreement (similar) with Iran, and after signing, the Strait of Hormuz will be completely open.

The price of CLUSDT on Binance has now reached around 80 dollars, which is more than 2 dollars lower compared to when the market closed on Friday, and the market has started to expect that the Strait of Hormuz might actually open this time.

I am feeling a bit hesitant now; normally, I think it may not go so smoothly, after all, this was unilaterally announced by Trump. From what I've seen in reports from Iran, they don't seem as optimistic as Trump, so I don't know if there will be any unexpected developments.

The reason for my hesitation is whether to chase a WTI short position now; if an agreement is really reached tomorrow, then WTI may experience a rapid decline. I'm feeling a bit conflicted about whether to chase now or wait until tomorrow's announcement before chasing. By tomorrow it is estimated to be around 78 dollars.

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