US crude oil: Range-bound fluctuations, buy on dips and sell on rallies

（1）Analysis: WTI retreated to around $96 during the Asian session, ending a six-day rally. Concerns over a direct U.S.-Iran conflict have eased in the short term, but shipping risks in the Strait of Hormuz remain, and tanker freight rates remain high. According to the EIA, crude oil inventories fell by 8.557 million barrels last week, marking the largest decline since February. Combined with the IEA accelerating the release of the remaining 100 million barrels of reserves and the U.S. considering easing sanctions on the shadow fleet, oil prices are maintaining volatility at high levels.（2）Key focus: Geopolitical situation, inventory data, U.S. Dollar Index（3）Resistance levels: 96.00, 96.50, 97.00（4）Support levels: 95.00, 94.00, 93.00