US crude oil short-term trading suggestion: range-bound oscillation, sell on rallies, buy on dips

(1) Analysis: The ongoing tensions in the Middle East and transportation risks in the Strait of Hormuz are fueling supply concerns, keeping international oil prices strong. At the same time, there are expectations for a decline in US crude oil inventories, providing short-term support for WTI performance. However, the US dollar index remains high, and rising market expectations for Federal Reserve high interest rates may limit further upside for oil prices. From a technical perspective, WTI maintains an upward structure and remains strong in the short term. (2) Key focus: Geopolitical situation, inventory data, US dollar index (3) Resistance: 104.00, 105.00, 108.00 (4) Support: 102.00, 100.00, 98.00