As I mentioned yesterday, there have been repeated tensions between the United States and Iran, and TACO has been going back and forth for another day. Firstly, there were reports that the United States was preparing to take action against Iran, causing WTI prices to skyrocket above $105. Secondly, Iran submitted a revised ceasefire agreement, causing oil prices to fall below $100. Finally, the United States opposed the agreement, and Iran established a new department to publicly announce its management of the Strait of Hormuz. I really have no temper left over this matter until now. I don't know how the United States and Iran can tolerate this back and forth tug of war. The US blockade of Iranian ports has had a great impact on Iran's economy, while Iran's blockade of the Strait of Hormuz has had an impact on inflation in the United States and even globally. Delaying it is not only beneficial for both sides, but also for the world. I remember the IEA initially analyzed that the issue in the Strait of Hormuz would be resolved by the end of May at the latest. Now, there are still about 10 days left, and it may be really difficult to keep going like this. If WTI's oil prices continue to remain above $100, inflation will definitely continue to rise in May, and the June interest rate meeting is unlikely to cut interest rates even if the Heavenly King comes. Looking back at the data of Bitcoin, as mentioned before, the rise and fall of BTC prices are still determined by changes in US stocks, especially technology stocks. The trend of US stocks is closely related to the US economy, macro, and politics. From the data, it is true that short-term speculators in Bitcoin are decreasing, while long-term investors are gradually increasing. Bitget is here, VIP! Crypto、 US shares CFD， Global Advantage One Stop Layout