WTI crude oil approaches $98 per barrel, Brent crude oscillates around $95 per barrel

Previously boosted by US-Iran conflict and Hormuz blockade expectations, recent ceasefire news has fermented, with oil prices plummeting over 16% in a single day, completely reversing the geopolitical premium, now entirely waiting for negotiation results to determine bullish or bearish!

Two possible outcomes, two different trends, don't bet on the direction!

✅ Negotiation easing/consensus reached (high probability)
Geopolitical premium fully eliminated, oil prices will dip to the $85-95 range
Subsequently returning to fundamentals: OPEC+ about to increase production, global demand weak, high inventories suppress prices, overall bearish outlook for oil

❌ Negotiation breakdown/conflict escalation (low probability)
Supply panic directly maximized, oil prices quickly rebound to $110-120+
Risk aversion sentiment heats up, crude oil directly enters a strong bullish trend

Practical tips (just follow them)

1. Before negotiations are finalized: light positions, observe, never blindly bet on one side, avoid being cut in and out
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2. After results are announced:
Situation eases → mainly short crude oil, main cryptocurrencies can catch rebounds
Situation worsens → decisively go long on crude oil, liquidate crypto holdings to hedge risks, reverse to gold positions
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3. Only trade main contracts: WTI, Brent crude oil, avoid niche high-risk assets $BTC