Recent shipping trends show certain fluctuations and a pullback trend.
In the short term, there is strong downward pressure in the market, especially with multiple bearish signals in the K-line chart (such as the bottom formation being covered by black three soldiers) and
the downtrend of short-term moving averages suggesting that shipping trends may continue to decline.
The key support level is around 84291.4, and if this support level is effectively broken, it may further accelerate the decline. In addition, the resistance level is at 85240.0 and some moving average positions, which have become obstacles for shipping trends to continue rising in the short term.
Short positions for Bitcoin at 85000-85500, targeting around 84000, and Ethereum at around 1600-1620, watching for near 1550. The direction of shipping trends is unpredictable, so it is essential to rely on real-time tracking guidance.
