Feilong Daily | June 12, 2026 A few pieces of good news have arrived. Only those with a minimum investment of 55000 can make a final investment (1) The situation between the United States and Iran has eased, and oil prices have plummeted Yesterday, Iran and the United States reached a memorandum of understanding, extending the ceasefire for 60 days and including Lebanon. The US has stated that the war with Iran has ended, and once the agreement is officially signed, the Strait of Hormuz will immediately reopen. Crude oil plummeted in response, with Brent falling more than 5% and WTI falling below $85. However, the Iranian Ministry of Foreign Affairs stated that a final decision has not yet been made, and Iran is also attempting to attack merchant ships passing through the strait. So before the agreement is officially signed, there may still be repeated tug of war in between. (2) SpaceX IPO ends I have been reminding everyone before that SpaceX IPO will absorb a large amount of funds from the market. Upon investigation, it was indeed frightening that the subscription funds for SPCX's IPO exceeded $150 billion, which is about twice the fundraising scale. After the pre-sale of funds ends, the remaining $75 billion may be partially returned to risk assets. (3) Operation strategy: Start investing below $55000 Next, we will focus on the progress of the signing of the US Iran agreement framework. The framework has been developed, but it has not been fully implemented yet. The decision will be made at the Bank of Japan meeting next Tuesday, which is the biggest short-term uncertainty. At present, the market generally expects the Bank of Japan to raise interest rates to 1%. The Big Pancake ETF has been continuously flowing out for over a month, and the new bottom has not yet been broken. Spot stocks are waiting to be seen, and contracts are short selling at high prices!