Recent shipping trends have been fluctuating near the MA(7) and MA(30) moving averages, indicating a state of oscillation and adjustment. The shipping trend reached a high of 111959.5 and has since shown a downward trend, fluctuating around 107007.5. If this level is broken, it may further decline. The current market trend tends to be downward, accompanied by an increase in trading volume, indicating increased selling pressure and strong selling forces.
From a four-hour perspective, if the shipping trend continues to operate below the moving averages and breaks the key support level of 107007.5, it may further decline to around 93327.0 to seek support. Conversely, if the shipping trend can break through the recent moving average resistance and rebound, it may indicate the end of the short-term adjustment. Bitcoin can be bought in the range of 106800-106500, targeting around 108500; Ethereum can be bought in the range of 2480-2460, targeting around 2580.