The emotions right now are a bit mixed. On the bright side, my intuition was spot on—sure enough, the U.S. and Iran are tangled up again. I cleared all my short positions at WTI’s low point, which was a good move. But on the downside, the back-and-forth between the U.S. and Iran has already worn the market out. Especially with WTI’s price, since the temporary ceasefire on April 7, we’ve already seen three major ups and downs. The market feels like a headless fly being led around by the so-called 'negotiations.' From a trend perspective, though, both the market and WTI itself seem to have clear confidence in the idea of 'peace talks.' It’s just a matter of time. Even though there have already been two failed attempts, WTI’s price has been trending downward since the temporary ceasefire. Those two failed negotiations have already pushed WTI’s price down a bit, which is what the market was hoping for. Monday is a U.S. holiday, so the U.S. stock market will be closed. This gives the market a chance to cool off a bit. However, CME will still open on Monday, so there might be some volatility in oil prices. When the market closed on Friday, WTI was priced at nearly $97. The market might reassess this price. Looking at Bitcoin’s data, even though many of you might not care, I still want to say this: BTC’s price is still closely tied to U.S. politics, the economy, and macro factors. On days when the U.S. stock market is closed, these three factors are the best indicators for Bitcoin’s price. It’s not about blindly following the trend—thinking it’ll go up just because it’s rising or down just because it’s falling. Instead, the focus should be on these three pieces of information. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally with one platform. #Crypto #Bitcoin #WTI #Bitget #TradingLife https://bitget.com