The main contradiction now still lies in the issue of the Strait of Hormuz.

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Phyrex
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1 hour ago

The main contradiction now still lies in the issue of the Strait of Hormuz. Iran has announced earlier today that it has closed the Strait of Hormuz, while the United States has redeployed a fleet to provide escort. From my personal understanding, Iran seems to be addicted to the benefits from Hormuz.

After the US attack, Iran has just confirmed the attack on a US military base located in Oman. The form of war may escalate in the short term. Currently, the oil price reaction of CLUSDT is not strong, still around 73.5 dollars, but after all, it is the weekend, which does not reflect the real price of WTI.

There is a high possibility of a surge after the CME opens tomorrow. I just closed 80% of my short positions and set new ambush orders at 75 dollars and 78 dollars. If it continues to surge, I will continue to short at high levels.

@Gate Crypto, US stocks, Hong Kong stocks, South Korean stocks, gold, CFD, one-stop trading for prediction markets


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