Phyrex|May 30, 2026 19:13
Too tough! Today, the U.S. Central Command stated that its forces observed a ship attempting to approach an Iranian port. After issuing more than 20 warnings, a U.S. aircraft fired a Hellfire missile at the ship's cabin, disabling it. They later announced that the U.S. military has recently incapacitated five commercial ships and redirected 116 others, continuing the blockade of Iranian ports, while Iran expressed strong dissatisfaction.
Looks like U.S.-Iran peace talks might face more twists and turns in the short term. Even though last Friday was considered the closest both sides have come to reaching an agreement, there’s still a lot of uncertainty. However, Iran hasn’t escalated the conflict further, which is why the market hasn’t gone long on WTI. Even with the attacks, WTI only saw minor fluctuations.
This is why I’m not a big fan of short-term plays, but honestly, this is a pretty good short-term opportunity. During the day, oil prices were generally around $88. Even shorting at the high point still has potential. I haven’t adjusted my position yet, still waiting. My target is still $85 for now.
Back to Bitcoin data: the slight price increase over the weekend was mainly due to news near Friday’s close that the U.S. and Iran were close to reaching an agreement. The market still has some expectations for bitcoin:native, thinking that if peace is achieved, Bitcoin could see a rebound.
Investor sentiment over the weekend remained very stable, with low turnover rates, so we can relax a bit.
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