In the past couple of days, many friends have asked me about the situation with oil. I still hold a short position, and I am gradually increasing my stake. However, I must emphasize that the most important thing about shorting oil is ensuring that the margin is high enough. No one knows if the U.S. and Iran will repeat the mistakes of the past, so it's essential to raise the margin to over 100 dollars. If the situation continues to deteriorate, it should be raised to around 120 dollars.

Currently, my WTI margin is 100 dollars, and the Brant margin is 120 dollars. I am planning to set short positions at 90 dollars for CLUSDT (WTI) and 95 dollars for BZUSDT (Brant). I'm not sure if I will get filled, but if oil prices continue to rise, I will keep shorting at high levels.

I will continue to short oil, and as of now, I haven’t found any issues with that. My theory has always been that oil cannot stay at high levels for a long time, as it does not align with the interests of the U.S. or even the global economy.

Of course, I may not necessarily be right, but that's what I'm doing. I truly don't believe that WTI can maintain high levels for a long time; remember to keep the margin fully covered.

@Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, one-stop trading for prediction markets

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