Today, WTI prices almost hit $109. I successfully added to my position at $106. As for whether the script will play out with the easing of control over the Strait of Hormuz, I’m not sure, but I think $120 should be the short-term ceiling for WTI. It’s hard for me to imagine oil prices being higher after the war ends than during the war. Of course, just to be safe, I’ve raised my liquidation price for oil. I need to say this is just my personal opinion. I’ve already explained in detail in today’s tweet why I’m shorting WTI. I’m not certain if I’ll profit from shorting, but I believe as long as the U.S. and Iran don’t escalate the war, the Strait of Hormuz will eventually reopen. That said, I can’t guarantee I’m right, but this is the approach I’m taking. If I’m wrong, I’ll take responsibility for my decision. Also, today we had Powell’s speech and the Fed’s interest rate meeting. The results were as expected, with no surprises about future projections. Personally, I feel Powell was quite dovish, not suggesting much room for rate hikes ahead. He also seemed very supportive of Waller’s successor, and I didn’t see any hawkish signals. Yes, U.S. inflation is rising, and oil prices are climbing, but the Fed holding rates steady was already anticipated by the market. Looking at Bitcoin data, although BTC prices continue to fluctuate downward, there’s no sign of panic among investors. In fact, turnover rates are decreasing, indicating that more investors are not interested in trading. The current token structure remains very solid, with no signs of early investors panicking. Bitget VIP, lower fees, bigger perks.