Short-term trading suggestion for US crude oil: be cautious and consider short-selling at higher levels

1. Analysis: Iran is considering allowing European countries to clear naval mines from the Strait of Hormuz. On Tuesday, Qatar stated that mediators have made progress in efforts to end the US-Iran conflict, and US Treasury Secretary Besson said the agreement could be finalized within two days. Concerns over the Middle East situation have eased, which tends to suppress oil prices. However, API crude oil inventories have increased significantly, and oil prices have fallen sharply in the short term, so caution is needed regarding a potential rebound after reaching a low. 2. Focus: EIA crude oil inventory data, news related to the Middle East situation, US economic data.3. Resistance: 76.05; 78.13; 79.40;4. Support: 74.40; 72.61; 70.77