Crude oil short-term trading advice: range-bound fluctuations, sell on rallies, buy on dips

(1) Analysis: The ongoing tensions in the Middle East combined with restrictions on key shipping routes are tightening expectations for global crude oil supply, supporting oil prices at high levels. At the same time, inventories are expected to decline, and rising inflationary pressures further strengthen the bullish rationale. From a technical perspective, prices remain in an upward channel, but there are signs of short-term overbought conditions, maintaining a high-level volatile pattern.(2) Key focus: Geopolitical situation, inventory data, US Dollar Index(3) Resistance: 98.00, 100.00, 105.00(4) Support: 95.00, 92.00, 90.00