So the risk of going long on oil is really high now. Yesterday, when I was about to go to sleep, the negotiations between the United States and Iran were deadlocked. Iran once again blocked the Strait of Hormuz, and even the Iranian delegation left directly without intending to continue negotiations. The market instantly pushed WTI's oil price to nearly $80. If you were to follow WTI's lead after reading the news, you would probably feel uncomfortable Because the Iranian delegation continued to return to the negotiating table within two hours. Trump neither apologized nor did Israel cease fire. When I read the report later, the media said that it was Vance's efforts. But I think it was pressure from many third countries, and both sides also knew that the war could not be fought. So even though Iran still claims that the Strait of Hormuz is under blockade, the price of WTI has quickly returned to below $75. Yes, Iran still claims to be blockading the Strait of Hormuz, but from the situation in the Strait of Hormuz, the congestion is not severe. There are still ships passing through normally, but the passage is indeed a bit slow. But I always believe that the opening of the Strait of Hormuz is a matter of time, and it won't drag on for long. Oil prices are the best proof, just like prediction websites, the market directly expresses judgments through prices. Looking back at the data of Bitcoin, the stability around $60000 is still very high. After the complete end of the US and Iran, there is no new bearish trend in the short term, and the market trend should not be too bad. Currently, Bitcoin: native mainly maintains a certain consistency with the US stock market. Therefore, as long as the US stock market can continue to perform well, BTC will not be too bad. Especially from recent data, it can be seen that long-term holders are continuing to break new highs, with 75% of circulating BTC in a long-term holding state. On the one hand, more BTC is flowing to high net worth investors, and on the other hand, high net worth investors are not very interested in short-term price changes. Bitget is here, VIP! Crypto、 US shares CFD， Global Advantage One Stop Layout