After waking up, I don't know if there is any escalation of conflict, but I know the fourth wave of short positions has made a profit again. I looked at the K-line and found the highest price reached $91.98. I didn't get to my setups at $92 and $93. I don't know if I still can, although the short position at $91 has started to profit, but it's just a small base position.

Better than nothing, I have suggested to many friends to try not to pay attention to Jinshi Finance regarding the conflict issues between the United States and Iran. I won't discuss clickbait titles, but they often contain exaggerated language. Interested friends can check out Al Jazeera for front-line interviews, which are more valuable.

Additionally, it is essential to have a thorough understanding of the situation between the United States and Iran. If these two countries genuinely intend to fight to the death, the Strait of Hormuz must remain open. The Strait of Hormuz is no longer just a WTI issue; it is about global energy prices rising. Europe is about to raise interest rates, and if the Strait of Hormuz does not open, it is likely to escalate to military action.

Shorting WTI at highs is straightforward; there isn't much to say. Going long is also fine, but the risks are obviously higher, requiring more active monitoring, and the upside is very limited.

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