On the evening of 11.3, BRC/ETH strategy direction:

The short-term bearish trend of Bitcoin has been confirmed, with multiple attempts to break through the key resistance of 112500 failing. The price has fallen below the 7-day and 20-day short-term moving averages and is accelerating towards the 50-day moving average of 106453, displaying a typical 'weak rebound - break down' trend. In terms of indicators, the RSI has dropped to 43, below the neutral line, with bullish buying pressure continuing to shrink; although the green MACD bars have slightly narrowed, the dual lines are still hovering near the zero axis, with no clear signs of a bottoming out.

Evening operation direction: Short

Bitcoin rebounds to the range of 108200-108600, target 107200, looking down at 106300

Ethereum rebounds to the range of 3740-3770, target 3700, looking down at 3650#ETH走势分析