Over the weekend, there’s been more and more positive news about the U.S.-Iran situation. Although there might still be some back-and-forth, it seems like the Strait of Hormuz reopening is within reach, right? I’m still holding my $SOL long position. Yesterday, I added to it around 80.5. The reasoning behind this move was explained in my previous post, and I’ve been sticking to that plan. @PhyrexNi, the legend, has also shared his short oil strategy multiple times. He shorted oil again at the highs this time and nailed it . As long as the overall direction of the U.S.-Iran peace agreement is positive, I’ll keep holding my long position. Once the peace agreement is signed, oil prices will definitely drop further. Currently, it’s at 88, but it could go down to 85 or even lower by then. This would be bullish for risk markets, and we might see a rebound in $BTC. Naturally, $SOL, which tends to follow $BTC’s lead, should also catch up. I’ll at least hold until next week to see how it goes. That’s it—DYOR.