US crude oil short-term trading advice: high-level fluctuation, sell on rallies, buy on dips

(1) Analysis: The escalation of the Middle East situation combined with transportation risks in the Strait of Hormuz has reinforced expectations of supply tightening, keeping oil prices high. Meanwhile, rising inflation expectations and the relatively strong US dollar have exerted some pressure on oil prices, but the bullish market structure remains unchanged. Technically, after a gap-up, prices have entered a high-level consolidation phase; in the short term, a pullback for stabilization may be followed by a continued strong trend.(2) Key focus: Geopolitical situation, inventory data, US Dollar Index(3) Resistance: 105.00, 108.00, 112.00(4) Support: 100.00, 95.00, 90.00