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Crude oil is at odds with the whole world, forming a seesaw with other assets (like Bitcoin and gold), there's always one showing off.
It's simple, if you think crude oil is showing off, go long on other assets; if not, go short.
I don't recommend directly trading crude oil; this thing is too volatile and you'll die quickly.
I believe that a volume breakout above the 2008 high VWAP of crude oil is no joke, right?
The US aircraft carrier hasn't returned, and the Strait's reopening is still far off.
No matter how derivatives suppress oil prices, they can't really increase supply.
Now it's just a matter of waiting for crude oil bears to hit the physical world’s iron plate hard,
the market will completely shift to pricing with interest rate hikes.
Apart from crude oil, everything else is going to hell.