WTI crude oil short-term trading advice: range-bound oscillation, sell on rallies, buy on dips.

(1) Analysis Reason: WTI retreated and corrected on Monday, with profit-taking after consecutive gains. However, transportation restrictions in the Hormuz Strait and the risk of Iran sanctions continue to support the supply premium. The United States is about to announce a new round of economic restrictions on Iran, raising market concerns about Iranian crude oil supply and transportation risks through the Hormuz Strait, which further supports premiums on the supply side. Meanwhile, the EIA expects global inventories to keep declining in the second and third quarters, providing strong support for oil prices on the downside; in the short term, prices are expected to remain range-bound. (2) Key Focus: Geopolitical situation, inventory data, U.S. Dollar Index (3) Resistance: 86.00, 86.50, 87.00 (4) Support: 85.00, 84.30, 83.60