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

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

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

✅If negotiations ease/consensus is reached (high probability)
Geopolitical premium will be completely wiped out, oil prices will dip into the $85-$95 range
Subsequently returning to fundamentals: OPEC+ will soon increase production, global demand remains weak, high inventories suppress prices, overall oil outlook is bearish

❌If negotiations break down/conflict escalates (low probability)
Supply panic will be triggered directly, oil prices will rebound rapidly to $110-$120+
Risk aversion sentiment will heat up, crude oil will directly enter a strong bullish trend

Practical tips (just follow them)

1. Before negotiations are finalized: light positions and observe, never blindly bet on one side, avoid being cut in and out repeatedly

2. After results are announced:
- If situation eases → mainly short crude oil, mainstream cryptocurrencies can catch rebounds
- If situation worsens → decisively go long on crude oil, clear crypto positions to hedge risks, and reverse to gold

3. Only trade main contracts: WTI, Brent crude oil, avoid niche high-risk assets $BTC