Oil prices have once again secured the$100mark.What should we doWTI Crude (OIL) / US DollarEASYMARKETS:OILUSDJohn-FeltOil prices have once again secured the $100 mark. What should we do? The international crude oil market continued its strong upward trend this week, with prices rising for several consecutive trading days. On Tuesday, prices reached a high of around $102.50, before slightly retreating during Wednesday's Asian session, and are currently trading around $100.50. Investor concerns about disruptions to global energy supplies have continued to intensify, pushing oil prices back above the $100 mark, reaching a significant high in recent times. The core driver of this rise remains the impact of the long-term closure of the Strait of Hormuz on global energy transportation. US President Trump publicly rejected Tehran's latest peace proposal this week, stating that the current ceasefire is "close to failure." This means that the likelihood of normal shipping through the strait returning in the short term has further decreased, and market risk aversion has clearly increased. From a technical perspective, the WTI crude oil daily chart still maintains a clear bullish trend. Currently, the price is trading above $100 and has not broken below the medium-term moving average support, indicating that the medium-to-long-term upward structure has not been damaged. Despite a previous pullback in oil prices from the $105 area, the overall trend remains strong. On the 4-hour chart, WTI crude oil continues its short-term consolidation at higher levels. The stochastic RSI indicator is around 42, indicating neutral to slightly bullish market momentum. Short-term price action is more likely to be a consolidation at higher levels than a trend reversal. Trading signals: Short-term support is initially at the psychological support level of $100. A break below this level could lead to a further test of the $95.00 support area. On the upside, given the lack of significant technical resistance, the $105 level will be the most important battleground for bulls and bears in the next phase. A successful break above this level could open up new upside potential. BUY: 99.8-100.4 TP: 101-101.5-101.8 SL: 99.3