Phyrex.Ni

Phyrex.Ni

No extravagance, no waste

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Phyrex.Ni
Phyrex.Ni
One more thing before going to sleep, maybe I closed too early, but it’s not a big deal. After all, my first target was $90, and after fully closing the position, the total profit exceeded 100%. That’s enough for me. If the funding rate were low, I could have held on, but currently, a funding rate over -0.3% is a bit inappropriate. This is already the third wave I’ve done after the ceasefire between the US and Iran. The total profit has reached the expected goal. Of course, I believe there’s still room to go down further. Normally, reaching $80 wouldn’t be a problem, but it might take some time. I’m just waiting for this high funding rate period to pass before making any moves. Of course, it’s also fine if I can’t continue to profit, since no one can make money from start to finish. This time’s profit is a good "knowledge monetization." I explained the reasons for shorting WTI for about four weeks and also provided the liquidation price settings and rationale. And I’m glad the liquidation price didn’t exceed $120. What I want to express is that this is trend and cognitive trading, with relatively low risk and decent profits. If I can make a profit, you definitely can too. Below $90, if there’s a chance, I’ll make another move. If I miss it, it’s no big deal. There will be more opportunities. Going to sleep.
Phyrex.Ni
Phyrex.Ni
The average position is around 90 USD, all closed out. Worried there might be fluctuations; if WTI rises, I will continue shorting. Currently, the funding rate is too high, and there are too many uncertainties, so I’m not gambling for now. Iranian media refutes Trump's claim that the Strait of Hormuz will be reopened Iran's semi-official Fars News Agency reported that Trump's claim that the Strait of Hormuz will be fully reopened as part of a peace agreement with Tehran is "far from reality." "According to the latest exchanged texts, if a possible agreement is reached, the Strait of Hormuz will still be managed by Iran," the statement said. "Although Iran has agreed to restore the number of passing vessels to pre-war levels, this does not mean a return to the pre-war 'free passage' status. "The management of the strait, determination of routes, timing, methods of passage, and issuance of permits will still be entirely controlled and decided at Iran's discretion by the Islamic Republic of Iran. Therefore, Trump's statement in this regard is incomplete and inconsistent with reality."
Phyrex.Ni
Phyrex.Ni
The average position is around 90 USD, all closed out. Worried there might be fluctuations; if WTI rises, I will continue shorting. Currently, the funding rate is too high, and there are too many uncertainties, so I’m not gambling for now. Iranian media refutes Trump's claim that the Strait of Hormuz will be reopened Iran's semi-official Fars News Agency reported that Trump's claim that the Strait of Hormuz will be fully reopened as part of a peace agreement with Tehran is "far from reality." "According to the latest exchanged texts, if a possible agreement is reached, the Strait of Hormuz will still be managed by Iran," the statement said. "Although Iran has agreed to restore the number of passing vessels to pre-war levels, this does not mean a return to the pre-war 'free passage' status. "The management of the strait, determination of routes, timing, methods of passage, and issuance of permits will still be entirely controlled and decided at Iran's discretion by the Islamic Republic of Iran. Therefore, Trump's statement in this regard is incomplete and inconsistent with reality."
Phyrex.Ni
Phyrex.Ni
The funding rate is too high. It has already reached around -0.4%, reducing the position by half at $89. Withdrawing margin to secure profits.
Phyrex.Ni
Phyrex.Ni
It finally looks like the probability of a complete ceasefire between the US and Iran has increased. Although it’s still uncertain whether this time it will really end, considering that China and others are pushing for it, and it’s already the end of May, with the Strait of Hormuz blockade lasting almost three months, the impact on the global economy has forced many countries to intervene. So at the very least, the blockade of the Strait of Hormuz should end by the end of May, which should be the most basic agreement. The information currently received is still very positive. The Iranian ambassador to Pakistan stated that this negotiation carries cautious optimism, which is the most positive response Iran has given since the ceasefire. Although this does not represent the final outcome, the US is also unusually serious in the discussions. Although Trump is still making rhetoric, he is clearly moving towards a full ceasefire process. Currently, the price of the CLUSDT trading pair is around $94, but since the US stock market is closed on Monday for Memorial Day, CME is still open, so we can still see fluctuations in WTI prices. However, Trump’s intention seems to be to provide an answer before Monday, so now we just wait patiently. Looking back at Bitcoin data, today once again proved that $BTC’s price is heavily influenced by US macro and political factors. During the day, many were talking about seeing $50,000, but the news of a US-Iran ceasefire in the evening turned BTC from a decline into a rise. There’s nothing more to say; BTC is currently a leading indicator of US stock market sentiment, especially since the US market is closed until Monday. #Bitget VIP is here! Crypto, US stocks, CFDs, global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
A lot happened today, with the key point being that Waller has officially been appointed as the Fed Chair. Although both he and Trump say they want to maintain the Fed's independence, the real situation will become clear at the June FOMC meeting and the dot plot. It's not very meaningful to speculate now; when the meeting comes, it will be the handover between the Fed's old and new camps. I guess Trump will be nervous too—will Waller obey or not? The US and Iran remain a side issue for now, but this side issue deeply affects the main storyline. Today, WTI briefly dropped below $95, mainly because the market heard news that the US and Iran might reconcile. But as I said, don’t just look at the US side or the Iran side alone—look at their joint statement, just like with the temporary ceasefire. If there’s no joint statement, don’t believe it. Sure enough, just when market expectations were good, Iran came out saying it’s still very early to reach an agreement, which immediately pushed WTI prices up by $2. However, from various signs, it is indeed possible to reach a preliminary reconciliation before June, at least ensuring the Strait of Hormuz remains open. WTI dropping below $90 would be about right. I’ve been saying to short WTI for a long time. Previously, I didn’t dare hold because funding rates were too high. Now, Binance’s CLUSDT funding rates have dropped a lot; this week’s funding rates are almost negligible, so holding costs are much lower. My first target is still $90, but I think once it hits $90, the downside will accelerate. Let’s watch $90 first. Back to Bitcoin data, the price is still in a slight oscillation trend and is still connected to the US stock market. However, $BTC is clearly more affected by macro factors. Any small disturbance causes short-term investors to exit. But from the data, whether it’s spot ETFs or native investors, performance is very good with no tension, and turnover remains low. #Bitget VIP status awaits! Crypto, US stocks, CFDs, global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
Iran and Pakistan submit revised ceasefire proposal to the United States and reopen the Strait of Hormuz According to news reports, Iran and Pakistan have submitted a revised proposal to the United States aimed at ending the war and reopening the Strait of Hormuz. Two unnamed Pakistani sources told Reuters that Washington is expected to respond to the proposal by Sunday. Previously, Secretary of State Marco Rubio stated that some progress has been made in negotiations with Iran, and the United States may issue some statements on the matter in the coming days.
Phyrex.Ni
Phyrex.Ni
China urges Pakistan to strengthen mediation efforts between Iran and the United States China is also pushing Pakistan, having requested Islamabad to intensify diplomatic efforts, after which Pakistan's military chief rushed to Tehran. Pakistani Prime Minister Shehbaz Sharif is in Beijing. China is closely monitoring the situation. Pakistan has also received support from friendly countries such as Qatar, Saudi Arabia, and Turkey. The U.S. President will also hold talks with them. There are currently rumors that Iran and Pakistan have submitted a revised proposal to the U.S. to end the conflict and reopen the Strait of Hormuz. Although the news has not yet been verified, Binance's CLUSDT price has already dropped to around $94, funding rates have started to rise sharply, short positions on WTI are increasing, and the market shows a high level of trust in this information.
Phyrex.Ni
Phyrex.Ni
China urges Pakistan to strengthen mediation efforts between Iran and the United States China is also pushing Pakistan, having requested Islamabad to intensify diplomatic efforts, after which Pakistan's military chief rushed to Tehran. Pakistani Prime Minister Shehbaz Sharif is in Beijing. China is closely monitoring the situation. Pakistan has also received support from friendly countries such as Qatar, Saudi Arabia, and Turkey. The U.S. President will also hold talks with them. There are currently rumors that Iran and Pakistan have submitted a revised proposal to the U.S. to end the conflict and reopen the Strait of Hormuz. Although the news has not yet been verified, Binance's CLUSDT price has already dropped to around $94, funding rates have started to rise sharply, short positions on WTI are increasing, and the market shows a high level of trust in this information.
Phyrex.Ni
Phyrex.Ni
Trump really has had enough of good days and doesn't want everyone to have a good rest over the weekend. He just stated that his attitude towards a peace agreement with Iran or taking action against Iran is "50% to 50%."
Phyrex.Ni
Phyrex.Ni
Totally agree, whether it's a bank or a brokerage, if you open an account with fake personal information, once discovered, it's not just a matter of funds; next time you go to that country, you have to be careful.
Gary Du
Gary Du
Currently, the business of opening Interactive Brokers and Charles Schwab accounts is booming through some channels that provide fake address proofs. A word of advice: don't let influencers take advantage of you. The United States is a country that places great importance on personal credit. If it is later discovered that the address proof is forged, both the account and the money will be lost.
Phyrex.Ni
Phyrex.Ni
Compliance and security always come first.
BIT美股频道
BIT美股频道
Choosing a trading platform, safety and compliance are always the top priorities. Integrity is fundamental. BIT US Stocks openly discloses the underlying 【compliance framework】 and 【fund flow】 of its business here, welcoming users to verify for themselves: 🔍 Core investigation: Is BIT US Stocks business compliant? Yes, BIT US Stocks operates under a compliance licensing framework. BIT US Stocks (formerly Matrixport) is a digital securities brokerage business built on the financial services license held by its wholly-owned subsidiary Matrix Gelephu Pte. Ltd. in the Bhutan Economic Zone. Compliance channel: As a professional trading and fintech platform, BIT connects directly with licensed US brokers to build a compliant channel for clients to access the US securities market. US stock regulation: All partner brokers are regulated by the US SEC and FINRA and are members of SIPC. This means users’ trades and assets rely on the same mature and regulated US financial market infrastructure as global major brokers. 💰 Fund destination: Where exactly are users’ money and stocks? A common misconception is that "money is placed on the Web3 platform." Actually, users’ funds and stocks are directly held in US officially licensed clearing institutions (RQD and AVS). In the mature US financial system, clearing and custody are performed by independent licensed institutions. Official verification of underlying custodians can be done via the US Financial Industry Regulatory Authority (FINRA) BrokerCheck system with one click to review partner institutions: (1) Partner clearing institution: RQD CLEARING, LLC Institution type: US domestic clearing and custody institution regulated by the SEC Regulatory registration number (CRD Number): 134284 👉 One-click access: (2) Partner clearing institution: ATOMIC VAULTS SECURITIES, LLC (AVS) Institution type: US domestic clearing and custody institution regulated by the SEC Regulatory registration number (CRD Number): 317194 👉 One-click access: 🇧🇹 Why trust the "Bhutan GMC license"? The financial license issued under the Gelephu Mindfulness City (GMC) framework in Bhutan is a national-level strategy aimed at building a world-class digital finance and asset center. Its regulatory system is designed with participation from top global financial regulatory experts and is rigorous. For BIT’s clients, the Bhutan GMC license provides the following strict regulations: 1. Client assets must be strictly segregated from the company’s own assets 2. Custody must be provided by institutional-level, regulated custodians 3. The company must maintain capital and liquidity buffers to ensure stable operations 4. Continuous audits, reporting, and compliance reviews are mandatory 5. Strict restrictions on the use of client funds and securities More importantly, GMC’s regulatory system includes digital assets, tokenization, and international market-related businesses, providing a legally clear, rigorously regulated, and forward-looking framework. This enables BIT to advance its business development in a clearly compliant environment while meeting international investor protection and governance standards.
Phyrex.Ni
Phyrex.Ni
When I woke up, I saw some friends left comments asking for the Charles Schwab account opening guide I wrote back then. I found it, and it turns out it was written in 2023, already two and a half years ago, but the process probably hasn't changed. Friends who need it can take it. It was written in great detail at the time, including deposits and withdrawals.
Phyrex.Ni
Phyrex.Ni
Many friends know about high-yield US Treasury bonds, but for those in the crypto market, there are certain barriers from account opening to funding, which isn't very user-friendly. So today, I have prepared a step-by-step tutorial to teach everyone how to purchase US Treasury bonds using stablecoins through a transfer method. This article was completed under the guidance of Brother Wu @qinbafrank This tweet is sponsored by @OfficialApeXdex | Dex With ApeX