The market has turned into an information arbitrage game; retail investors are still watching candlestick charts, while others have already read the script.

ME News Report: After Trump announced the Strait of Hormuz would remain open, large short positions appeared in the crude oil market. On April 17, short positions exceeding $760 million were established, and within minutes of the announcement, oil prices fell over 10%. Before and after the ceasefire on April 7, $950 million in shorts were established. On March 23, before delaying strikes on Iran's energy infrastructure, $500 million in shorts were established. The CFTC has launched an investigation into the trading activities on March 23 and April 7.