Phyrex
Phyrex|Jul 21, 2026 18:46
Yesterday, we talked about how Iran, under third-party mediation, is preparing to resume negotiations with the U.S., and there were even rumors of a 10-day ceasefire agreement. But today, during a live broadcast, Trump took an unusually tough stance, openly stating that he has no interest in Iran's ceasefire or negotiation requests. He also hinted that the U.S. hasn’t even entered its full-on strike mode yet, but is fully prepared to push Iran into 'hell mode' at any time. As a result, WTI and Brent prices spiked again. The market is starting to expect that Trump’s hardline approach might force Iran to back down. However, U.S. retail gas prices climbed back to the $4 high yesterday. If oil prices remain high, it will be very unfavorable for U.S. inflation. Inflation had just started to ease a bit, but now inflation expectations are likely to rise again. I’m still holding onto my short positions on oil, but I must emphasize again: although I’m strongly bearish on oil and believe it won’t stay high for long, you need to have sufficient margin. At the very least, it shouldn’t drop below $100 right now to guard against sudden escalations in conflict causing short-term spikes. If oil prices rise above $90, I’ll even increase my margin to $110. As for Bitcoin dual-currency investments, they’ve indeed been executed. Selling at $65,000 wasn’t the best price—it was a bit low. But even at $66,000, it would’ve gone through. I’ll release a report tomorrow on the dual-currency returns over the past month. My test account bought in at $64,000, while my main account bought in at $63,000. But I doubt I’ll be able to buy at those levels in the short term. If it goes above $65,000, my interest in buying will drop. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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