Phyrex
Phyrex|5月 09, 2026 21:28
The most headache-inducing thing over the weekend is Trump stirring up trouble again. Yesterday, the U.S. and Iran had a small-scale clash. Although both sides exercised restraint and didn’t escalate into a full-blown war, it’s becoming increasingly difficult for the U.S. and Iran to resolve things peacefully. This also doesn’t help the smooth passage through the Strait of Hormuz. I saw some info saying that over the past three days, due to the tense situation, there have been even fewer ships passing through the Strait of Hormuz. Meanwhile, Trump is still on his own TruthSocial, posting three consecutive images mocking Iran. Honestly, I’m starting to miss the Democrats a little. With Trump, nothing ever takes a surprising turn—that’s the real novelty. It’s purely about creating problems if there aren’t any, and charging ahead regardless. No idea how the markets will react on Monday. Yesterday, I cleared out most of my WTI short positions, leaving only about 1/3 of the position. Mainly, I was worried about funding rates. I just checked earlier, and over two days, about 6% of funding fees were deducted. But it should adjust starting today, right? I’ll hold on and see. If the funding rates drop, I’ll increase my short positions again. I still believe there’s room for further downside in WTI. Looking at Bitcoin’s data, there’s not much movement. All the metrics are performing well, but this “well” is like a flower in the mirror or the moon in the water—not because of any intrinsic changes in BTC or because capital is particularly favoring crypto. It’s more about its correlation with the U.S. stock market, which is kind of sad. The only thing that makes me feel BTC still has growth potential is that most holders are long-term, high-net-worth investors. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally with one-stop planning. #Crypto #Bitcoin #WTI #Bitget
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