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The sudden shutdown of the Strait of Hormuz is a significant event that directly affects global prices and everyone's wallets.
Here's a brief overview of the underlying reasons:
The temporary ceasefire between the US and Iran originally failed to hold and has now completely broken down.
Israel continues to take actions, and the situation has escalated again.
There is a risk of mines in the waterway, with nearly 2,000 ships blocked, impacting transportation.
The UN's navigation plan has not been approved, and the conflict is unlikely to ease in the short term.
These factors stacking up have naturally led to a shift in market sentiment, with increased volatility.
Looking at the market chart:
The trend is similar to yesterday, with mostly narrow fluctuations during the day.
There was some slight volatility in the early session, but overall it remains weak.
From a short-term perspective, the structure is still oscillating downward,
and trading volume is relatively light, with no strong capital entering the market.
So, the trading approach doesn't need to be overly complicated:
In the afternoon, continue with the strategy of rebounding to short.
In one sentence:
With big news disturbances and a weak market, rebounds are opportunities. #Canary提交现货PEPEET申请 #Meta推出AI模型MuseSpark #美FDIC发布机构发行稳定币指南草案 #福克斯与Kalshi达成数据合作 $BTC $GT $ETH