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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
VIPBitget Weekly Report

Bitget·2026/04/07 07:25
Bitget Research Weekly
VIPBitget Research Weekly

Bitget·2026/03/30 07:14
Flash
18:16
Corning maintains a gain of over 14%, holding steady around $185, after reaching $195.81 in early U.S. trading—with an intraday increase of more than 20.79%.
Nvidia plans to invest up to $3.2 billion in the company, signing a large-scale fiber optic agreement and building three new AI-dedicated factories.
18:12
Eric Trump: Traditional institutions have shifted to supporting bitcoin
Eric Trump stated that traditional financial institutions have shifted to accepting Bitcoin and acknowledged that they are at a disadvantage in the wave of cryptocurrencies. The American Bitcoin mining company he co-founded acquires Bitcoin at a cost of 50 cents, aiming to become the lowest-cost operator in the industry.
18:03
Argentina: Lithium and copper exports are expected to reach 32.7 billions USD within ten years
Lucero stated at a mining event in San Juan Province: "Within 10 years, Argentina's annual lithium carbonate equivalent (LCE) production could reach 580,000 tons, and copper production could reach 1.641 million tons." Currently, the total value of mining projects approved and submitted to the country's "Large Investment Incentive Regime" (RIGI) has reached 50.692 billion US dollars. (Reuters)
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