Crude oil suddenly plunges: The war eases, but the market gets even more tense?

After Iran released its ceasefire position, crude oil fell directly by 1.73%. It looks reasonable on the surface, but the problem is—gold is rising.
This shows the market hasn’t fully relaxed; instead, it’s in a “half-believing, half-doubting” state.
What are the funds doing? On one hand, they’re reducing short-term risk exposure; on the other, they’re increasing long-term hedging.
That’s why you’ll see this: oil down, gold up, and crypto going wild.
The market doesn’t have a single consensus expectation—it’s split.#Gate广场五月交易分享