Two 'Smart Money' Accounts Bet $11,100 on Oil Reaching $100 Before April

According to PolyBeats monitoring, on the prediction market Polymarket, two accounts with a high accuracy rate in predicting Iran and geopolitical events have collectively bet $11,100 on the "Will the price of crude oil reach $100 before April?" proposition, choosing "Yes." Currently, the probability for "Yes" stands at 87%. On the 23rd, Goldman Sachs raised its 2026 average Brent crude price forecast from $77 to $85, and WTI from $72 to $79. For short-term forecasts, Goldman Sachs increased its March and April average Brent crude price forecast from $98 to $110. Goldman Sachs anticipates that transportation disruptions in the Strait of Hormuz will persist longer, coupled with restocking of strategic reserves by various countries, leading to a tighter market that is more susceptible to geopolitical price surges. Furthermore, if a severe 10-week disruption occurs, accompanied by sustained production cuts of 2 million barrels per day, Brent crude could surge to $135. Note: Based on their past trading patterns, these traders are not necessarily betting on the event actually happening but may engage in profit-taking or stop-loss actions at a certain point after opening their positions. Accounts: 0x2974bd0059e48f215c391882976e0f1b4c8c9c23; 0x2120ea0323fcf5446233056467fdb852b4b12647.