The flames of war between Iran and the United States continue to escalate, with the direct effect being an increase in oil prices. Currently, WTI is nearing 90 dollars, and Brent is also approaching 95 dollars. I completed my increase in position yesterday, and the next target is to continue adding at WTI 91 dollars and Brent 95 dollars.

Additionally, those who are shorting should pay attention to margin; 110 dollars should be the minimum limit, while 120 dollars is somewhat safer.

The decline in U.S. stocks and bitcoin:native today is mainly due to the escalation of the war. The focus should now be on two lines: one is Iran's opening of the Strait of Hormuz to certain countries, which would lower oil prices; the other is the renewed talks between the U.S. and Iran, which would also lower oil prices but has a lower probability. The former is more likely to increase as oil prices rise.

After all, Hormuz is not just about oil; it also involves grains and fertilizers, and the blockade of Hormuz affects the entire globe, not just the United States.

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