For those who went long on CL at 72, did you cut losses last night? Brother Wan's urgent reminder: Don't wait until 70 breaks down to cry!

Brother Wan's view: $70 is not the bottom, the bears' liquidation target points straight to 68.5, as long as bulls survive the downtrend continues.

Brothers who chased long at $72, how are you feeling now?

A overnight crash of $2, directly kicked from the peak to the hillside. CL is taking a breather above 70, but look at your account—floating losses are glaring, margin is about to blow.

Do you think 70 can hold?

Technically, the BOLL middle band at 70.81 is pressing hard, the rebound can't even touch the middle band. The liquidation map is even bloodier—bears have long set the trap, just waiting for you longs to not withstand and cut losses, then dump another waterfall. The smart money long/short ratio is only 21%, bears dominate. Over there, a whale opened long on crude at $100, with floating loss of $5.7 million, even the whale can't hold, how long can your small margin hold?

The news side is even harsher—US-Iran Doha meeting, Strait of Hormuz passage restored, a flood of supply is coming. Bear bullets are still flying, what do you have to resist with your long position?

Now at this level of 70, is it the last escape window or a relay station for a new round of crash?

#TradFiCFD黄金大师赛 #Strategy拟回购股票涨超12% $CL ‌