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May 7, 2026
The second is a massive short position in the crude oil market worth 1 billion USD. As the US and Iran reached a certain level of reconciliation, crude oil prices plummeted. This short position was opened so precisely and in such large volume, with profits approaching 200 million USD. Who's operating so skillfully? That remains unknown. I can only say that for the big players, making money seems quite easy, all in units of hundreds of millions.
Back to the market situation, today’s cooling is somewhat noticeable, but it’s okay. Bitcoin still remains high, with a certain degree of retracement overall, which is quite necessary to cool down the secondary market. Everyone must understand that once a trend is formed, it won't change easily because the capital is real; it just reached this level, unable to meet the buy demand for distribution.
Although the capital markets worry about a sudden extreme black swan event triggering a global collapse, at the same time, it’s a carnival for the capital markets. US stocks hit new highs, Hong Kong stocks are crazy about IPOs, and A-shares are now more lively than before. So, how to allocate funds is important, not just blindly waiting for low prices, or you could easily fall into FOMO.