Talking about trading: Bitcoin, WTI, U.S. stocks Still holding short positions on oil prices. Honestly, I really regret not closing them in early August. Now I’m stuck, and it’s frustrating. The market’s main focus right now is on oil prices. I believe there’s a lot of behind-the-scenes communication and weighing of pros and cons between the U.S. and Iran, deciding whether to push forward with negotiations. I’ve already closed my U.S. stock positions earlier. My current view is that negotiations will likely move forward this month, before the midterm elections. If there’s an expectation that the Strait of Hormuz will remain open, oil prices could drop to $90, $85, or even lower. This would at least ease rate hike expectations for October, and December’s expectations would also be dismissed. In that case, U.S. stock indices and Bitcoin would rebound. Right now, Bitcoin is hovering around $83-$84 and isn’t dropping further. The essence of choosing a direction lies in geopolitics and oil prices. If there’s no negotiation this month and no escalation of conflict, then WTI might fluctuate between $89-$100 until the midterm elections. After that, it’ll depend on what happens post-election. In that case, the risk markets will likely remain pretty boring. As for me, I’ve already made my choice. I’ve been holding short oil positions since July until now. Basically, I’ve opened positions on CL and BZ on Binance and OKX. Now, just waiting to see how the U.S.-Iran discussions unfold.