To put it bluntly, you can trade back and forth between 80-120 for WTI, or narrow the range further to 90-110. It’s hard for prices to rise too high due to inflation expectations and pressure. Once it gets close to 105 or above, news will likely be released to push oil prices back down—unless everyone decides to stop caring. As for drops, it’s unlikely to plunge too much either. The geopolitical situation, even if there’s a peace talk this time, doesn’t mean there won’t be repeated tensions. Returning oil prices to pre-war levels might be a long process. Whether to buy the dip or short the highs depends on personal preference. DYOR. For U.S. stocks, they’re already at relatively high levels. Next month’s inflation data will definitely look worse, coupled with unclear monetary policy and inflation pressure. Can U.S. stocks continue to rise? That’s really an unknown. Crypto, especially $BTC, is in the same boat. If U.S. stocks fall, $BTC won’t be able to break out into an independent trend. The only thing to watch is the direction of Middle Eastern geopolitics. If inflation expectations ease, we’ll have to see what happens with monetary policy. Anyway, for $BTC, it’s still tough to expect a unilateral upward trend for now. It’s still stuck in the low range since the big drop in early February. Previously, it was fluctuating between 65-75; now it’s more like 72-82, bouncing back and forth. (⚠️ Numbers aren’t absolute)