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Strait of Hormuz Tensions Escalate, Oil Surge Caps Upside for Risk Assets
VIPStrait of Hormuz Tensions Escalate, Oil Surge Caps Upside for Risk Assets

1) The Strait of Hormuz standoff continues, with WTI up another 8.5% this week and up 63% since March. Iran's blockade has entered its fifth week, and neither side is showing signs of compromise. WTI closed at $106, compared with around $65 before the war, marking a nearly 80% gain in just two months. The nature of this oil rally matters: it is a pure supply-side shock, which creates a more direct transmission chain. Inflation expectations rise passively, the rate-cut window narrows, liquidity expectations tighten, and valuations for risk assets come under pressure. 2) SpaceX momentum builds, while Bitget offers preSPAX spot trading. Around May 3, the Starship flight test program made important progress, with further improvements in booster and spacecraft landing and recovery capabilities. Full-system reusability reached a new high. At the same time, SpaceX's valuation has continued to climb, placing it among the world's most valuable private companies, with strong market interest in a potential IPO. Bitget currently offers preSPAX spot trading, giving retail users one of the most direct and convenient ways to gain secondary-market exposure to SpaceX's valuation growth. 3) Small-cap futures factor strategy's Top 10 basket is 115.7% YTD. The key is diversification to capture tail events. From 400+ futures, the model selects the Top 10 daily based on factor scores and holds them equally weighted. Core factors include negative funding rates, which indicate crowded shorts paying longs; sharp OI growth without price movement, which suggests concentrated short positioning before a potential breakout; and short-led liquidations, which show that a squeeze is already underway. The Top 10 basket is up 115.7% YTD, with a maximum drawdown of 43.4% and a Sharpe ratio of 2.21. Assets to watch: BTC · PRESPAX · BIO · GALA · Coinbase (spot & derivatives; with Coinbase earnings on May 7 AMC as a potential catalyst.)

Bitget·2026/05/06 07:46
Bitget Weekly Report
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Bitget Research Weekly
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Bitget·2026/03/30 07:14
Flash
21:04
Iran proposes that the US lift sanctions on Iranian oil sales within 30 days
```htmlGolden Ten Data, May 11 — According to Tasnim News Agency on May 10, citing sources familiar with the matter, Iran has requested, in its proposal to the US, that the US Department of the Treasury's Office of Foreign Assets Control lift sanctions related to Iran's oil sales within 30 days.```
20:42
PIMCO: Iran war may lead to Federal Reserve rate hikes
The surge in energy prices triggered by Iran’s closure of the Strait of Hormuz presents new challenges for U.S. policymakers, who have already struggled to bring inflation down to the Federal Reserve’s 2% target. “The U.S. is a bit further away from that situation, but for now, Europe, the UK, and possibly even Japan, are likely to see further tightening measures. I wouldn’t completely rule out the possibility of the U.S. taking similar action.” Given the current inflation trajectory and the uncertainties surrounding inflation, a U.S. rate cut could backfire, and such a move “would likely cause medium- and long-term interest rates to rise further.” (Financial Times)
19:31
Faraday Future Intelligent Electric Inc. (FFAI) has officially confirmed and appointed Yt Jia as the company’s sole global CEO.
Meanwhile, Jerry Wang has been appointed as Global Executive Chairman. The company plans to announce a series of upgraded transformational strategic initiatives next week, aiming to usher in a brand new growth phase as a physical AI enterprise.
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