WTI crude oil short-term trading advice: fluctuating downward, sell on rallies

(1) Analysis: Crude oil is affected by the recovery of shipping in the Strait of Hormuz and the rebound in global supply, leading to a continuous unwinding of risk premiums. The market is shifting from a tight balance to a phase of moderate relaxation. Meanwhile, a slight weakening of the US dollar provides limited support, but expectations of increased EIA inventories are weighing on oil prices. The short-term structure remains weak, with insufficient momentum for a rebound, and the overall trend continues to be a correction.(2) Key focus: geopolitical situation, inventory data, US Dollar Index, US non-farm payroll data(3) Resistance: 68.30, 69.00, 69.80(4) Support: 67.50, 67.00, 66.50