The Strait of Hormuz suddenly shuts down, putting global prices under pressure. It concerns everyone’s little pockets! According to news on April 9, this closure is mainly due to the escalation of the game between the US and Iran, mainly for the following reasons:



1. The US-Iran interim ceasefire agreement has broken down, and the other side refuses a comprehensive ceasefire
2. The Israeli military strikes in Lebanon; Iran closes the strait to counter
3. Hidden mine hazards in the shipping lane cause nearly 2,000 ships to be stranded, interrupting shipping
4. The United Nations navigation decision was not passed, making it hard to resolve the contradictions between the US and Iran

From the current market picture, the price action is the same as yesterday: during the daytime it stays in a narrow range of fluctuations, and volatility restarts again in the early session. In the short cycle, the market shows an oscillating downward structure; trading is quiet, and the high-altitude strategy remains unchanged in the afternoon. #Gate上线Pre-IPOs
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