Someone asked why ETH took profit at 2260-2336 yesterday during the day.

2260 is the 0.50 position of the rebound, and the formula calculates it to be 2269. Yesterday morning, the price was still hovering around 2188, so it was lowered by 6 points for easier early profit-taking, taking '2260'.

2336 is the resistance point after breaking through 2300; sometimes there are spikes that can touch it, and yesterday's highest point reached 2317. The 0.618 position is 2306; yesterday's rebound to short could actually just set at 2306, and it retraced more than 100 points last night. But the rebound is a continuous action; the reason it was said yesterday morning to take profit in batches at 2260-2336 and above for the long position that was bottomed out at 2112 the night before is that the hourly level rebound has not been completed. This bottomed long position can be held longer, but there will be a retracement along the way, which may not be very friendly for small capital players. Therefore, it is recommended to take profit in batches at 2260-2336; now it seems this profit-taking range has basically been reached.

Next, after continuing to run a rebound for 6 to 8 hours, ETH can see 2396-2440 again. So, a retracement back to the resistance of yesterday during the day, 2260 to 2222, can be used to add to the long position for profit-taking above 2400.

Similarly, the maximum pressure for BTC mentioned yesterday morning at 102400 is also near the 0.618 of the rebound. The short position here gained 2600 points last night, and turning around to go long feels great now. Last night, it just happened to catch BTC's retracement around 99800, so it was promptly mentioned to bottom out. Next, we will look at the area of 104200-105000. 103800 is a strong pressure point, which can be easily broken but not easily stabilized.