2026-04-13 06:45:39

The US-Iran negotiations have broken down, and the US announcement of a blockade of the Strait of Hormuz has driven market sentiment lower, tightening global oil supply expectations sharply. Geopolitical risks continue to intensify, with WTI crude oil surging more than 8% intraday, reaching a peak of 105.

From a technical structure perspective, on the four-hour chart the MACD bullish momentum continues to release, trading volume has expanded significantly, and the bullish trend remains strong; however, the RSI indicator has risen to 77.87, pushing the market into a severe overbought range, increasing the risk of a short-term technical pullback.

Trading suggestions
Longs: Enter in the 98.0-97.03 range; targets are 100, 105, and 110 in sequence
Shorts: Enter in the 107.5-109.0 range; targets are 105, 100, and 98 in sequence

Geopolitical events dominate the market, and volatility is highly uncertain. Under no circumstances should you chase highs blindly—strictly manage your positions and set stop-loss levels.

#Gate13周年Dr.Han公开信

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