Let me share why I’m shorting WTI: Disclaimer: These are just my personal reasons for shorting. It doesn’t mean I’m necessarily right—it’s just how I see it. Not financial advice, so if you copy my trades and lose money, I’m not responsible 1. The U.S. and Iran have agreed to a ceasefire, and the ceasefire has been extended. Neither side wants to escalate the conflict. The current disruption in the Strait of Hormuz should be temporary and likely won’t last long. 2. During wartime, WTI’s highest price touched $120. So, I’ve set my liquidation price above $120. The last time it exceeded $120 was in 2022. 3. WTI’s all-time high was $147, which means there’s a ceiling for further price increases. Under normal circumstances, WTI usually trades below $75. I’ve added to my position at $103 because I personally believe the downside potential is greater than the upside. It’s best to short using a broker to avoid funding rate issues. That said, funding rates aren’t very high right now anyway.