Phyrex
Phyrex|Aug 04, 2026 18:55
In the evening, a lot of friends messaged me to congratulate me on the results of my latest oil trade. Huge thanks to everyone for the support! Shorting oil this time was probably the first time since I joined X that I’ve shared such a subjective take on the different stages of a trade. I also feel this reflects the application of macroeconomic understanding. Analysis itself is meant to serve trading—without that layer, analysis is pretty useless. So recently, I’ve just been writing about what I’m actually doing. This is already the sixth wave of shorting oil. Of course, this current wave hasn’t been closed yet, but I think it’s almost there. If there’s more fluctuation, I’ll continue shorting at the highs. If everything goes smoothly, I’ll start closing positions below $70. But if Iran suddenly makes a move, I might immediately take profits and then short again at the highs. At the current oil price, there’s just so much room for trading opportunities for me. The most important thing when judging oil prices is the ceiling. Although I’ve been questioned by many experts, I still stick to my ceiling theory. High oil prices over the long term aren’t just about the U.S. and Iran—it’s practically a global disaster. This makes maintaining high prices an unacceptable option. No one wants to hand over their country’s and citizens’ interests on a silver platter. That’s why I believe in the concept of an oil price ceiling. As for Bitcoin dual-currency, it’s been performing pretty well recently. Just as I thought, as long as the U.S. and Iran engage in peace talks, the probability of bitcoin:native going up is quite high. Yesterday, I bought dual-currency at $63,000, and there’s a high chance it’ll settle at $64,000 tomorrow. If it doesn’t, even better—it’s a good opportunity to accumulate more at the lows. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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