This week is finally coming to an end. Next week won’t have any very important macroeconomic data. The only item that’s slightly more important would be the Fed meeting minutes, but personally, I don’t think they carry much significance—after all, the conflict between the US and Iran has already ended in the meantime. Speaking of the conflict, let’s talk about the trend of WTI. It’s basically pretty much in line with what I expected: pushing it down from around $68 is getting harder, especially since around $65 is already the pre-war average level.

At this price, continuing to short WTI doesn’t really make much sense anymore, and going long also isn’t suitable—because the time window for holding a long position might be relatively short. Going long on oil is like going long on news flow: it could just be a very short window, so it doesn’t really seem worth it. So personally, I’m not looking at oil anymore, but my position is still there. I can still earn some funding fees every day, which is pretty good.

Next week, I’ll mainly start looking at gold, and then also do dollar-cost averaging into the S&P 500 and the Nasdaq. This weekend, I shared a lot of data. When retail investors “buy the dip” as an index declines, it may look like they’re on the opposite side of the institutions—but if the premise is going long on the US, this may not necessarily be wrong. Of course, next week the main focus is whether AI and semiconductors will continue to pull back while awaiting earnings reports, or whether they’ll stabilize first.

Seeing so many data institutions and hedge funds leaving tech stocks, my personal choices next week will be more cautious. The key is to wait for the earnings season in late July.

As for Bitcoin, today it still moved around a bit. The $63,000 execution price for the dual-currency product expiring on Monday still carries risk. In fact, I didn’t really want this price to be the settlement price, since it’s a rather low price that I bought at. But at the time, if I didn’t choose $63,000, the yield would have been too low. It was a bit greedy, but dual-currency trading should feel better if you follow the gold standard.

Starting next week, I’ll also write more mini “options classrooms,” hoping it helps everyone. #BTC走势 $BTC ‌