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Crude Oil Analysis:
Lately, crude oil has been quite volatile! On April 1st, it suddenly plummeted, all because of news from the Middle East about a potential ceasefire. The premium that had built up during the previous conflict quickly disappeared. Currently, the market is clearly weak, with prices steadily seeking support.
Technically, crude oil has been fluctuating at high levels recently, unable to break above around 108 multiple times, indicating strong selling pressure. The 100 level is a solid support, with bulls still holding their ground. In the short term, the trend is bearish; if it
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