Today the US stock market is closed, and combined with the weekend it is another three-day holiday. It always feels like time passes quickly and monotonously when peace has not been fully achieved between Iran and the United States, as I almost expect the complete end of the war every day. Now that an agreement has actually been signed and the Strait of Hormuz is open, it feels somewhat unreal. For the past three months, I have been writing about Hormuz, about Iran and the United States almost every day, and now that it suddenly has ended, I find myself not knowing what to write about.
The price of WTI has reached around $75, only about $10 difference from before the war. If there were short positions before, then it is not a big problem to hold onto them now. If there are no short positions, although there is still room to go short now, I personally feel it requires more time, and the pace of decline in the short term may slow down.
I have already started to refocus my attention back to Bitcoin, having acquired some positions through dual currency buying at the $63,000 level. I plan to continue with the second batch around $61,000. Of course, I will buy if I can, and if I cannot, I will profit from the premiums. I have always believed that the biggest advantage of dual currency is its preparation for bottom fishing in the short term.
The decline of bitcoin:native in the last two days is mainly due to the situation with $STRC. Many friends are panicking about STRC’s drop, which has infected sentiments about $MSTR, as they believe STRC's decline will cause MSTR to sell Bitcoin to pay dividends, even leading to a chain reaction of selling. However, this line of thought is incorrect. The safety of MSTR and STRC exceeds what many friends imagine, especially since MSTR can still be converted to cash through ATMs.
There is really no need to scare others during this time, or to even scare oneself.
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