CHINA'S DIGITAL YUAN PROJECT CONTINUES TO GROW

Continuing its pricing in the 9150-9220 band range, BTCUSD is positioned on the channel resistance axis with the 9220 levels. If the resistances are broken, 9330 and 9500 levels can be considered. However, failure to react positively from this area may result in retreat. In another aspect, encountering sales pressure in channel resistor may raise the reaction to the channel support. 9150, 9070, and 9000 levels can be followed by an increase in the dominance of the shorts.

ETHUSD continues to hold on to the support of 237, which turned towards resistance 241 but faced sales pressure before reaching sufficient volume. If 241 resistance experience upside break, 246 and 250 levels may come up. However, failure to leave the specified levels positively may cause withdrawals in places. In a possible selling pressure, keeping it below 237 may require up-to-date follow-up of support levels and may create a draw up to 230 in the first place.