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Oil prices surged overnight to $110! This isn't just market movement; it's the start of a "Middle Eastern Werewolf Kill" game.
Last night's crude oil market can be summarized in one sentence: it's not just rising, it's "launching straight into orbit."
WTI broke through $110 with a single push, and this wasn't driven by technical factors but by geopolitical tensions that have effectively welded the throttle shut. On April 3rd, Iran responded to the bridge attack incident, and the market immediately entered a "panic anticipation mode": supply hasn't been cut off yet, but prices are already being set as if it has.
The question is—will this conflict spiral out of control?
In the short term: it won't go completely out of control, but will continue to "bounce back and forth." Because all parties are testing the waters at the edge: wanting to show strength but not wanting to actually throw the table.
In the medium term: risk premiums are already opening up. As long as the Strait of Hormuz remains "threatened," oil prices will find it hard to fall back into a comfortable zone.
To put it plainly: oil prices now are less about supply and demand, and more about who has the more explosive sentiment.
So, did you jump in on this wave?
Veteran traders' approach is actually simple:
👉 Don't chase the first big bullish candle
👉 Wait for the pullback and emotional release before entering
👉 Use event-driven strategies for short-term trades, rather than fighting the trend
Many people like to go all-in at the first rise, but it often ends up as: "Others eat the meat, I buy the leftovers."
And speaking of the crypto market—
The surge in oil prices is essentially an escalation of risk events.
When risk appears, capital's first reaction isn't to rush into crypto but to:
👉 Hide in USD
👉 Hide in gold
👉 Hide in liquidity
So in the short term, crypto is more likely to experience: a slow rise and quick fall, like a "bad boy" market.
To sum it up: this isn't the wind of a bull market; it's the pre-shock tremor.
👉 Comment below: Do you think oil will hit $120, or will it "fizzle out" quickly?
#国际油价走高