Market Update

The high encryption market: The liquidation indicates a possible upcoming upward swing Flash news details

On April 20, 2025, the cryptocurrency market witnessed a noticeable increase in the liquidation to the upward trend, as it reached an important number +92000 dollars. This data has been reported by Crypnuevo, a recognized analyst in the encryption trading community, through a tweet on the same date. The increase in the qualifiers indicates the presence of strong upward feelings among merchants, as these references are usually associated with short situations that are forced to close due to high prices. This event indicates that the market participants expect an aggressive escalating movement in the prices of encrypted currency. The analyst put themselves in long swing trades, after they started these situations on the 50 -day SIA moving average (EMA) of $ 77,000 on a weekly scheme, as mentioned in the same tweet written by Crypnuevo on April 20, 2025.

Trading effects of this increase in the upper -faceted upward level. First, the increase in the liquidation indicates +92,000 dollars on April 20, 2025, as Crypnuevo mentioned a major transformation in the market dynamics. Traders who were betting on a decrease in prices were forced to cover their locations, which led to a possible acceleration in the upward price movements. This scenario is supported by data from Coinmarketcap, which showed that the price of bitcoin increased by 3.5 % to 82,000 dollars within the past 24 hours ending on April 20, 2025. This rise in bitcoin price indicates a broader market on 50-Dister through the back through trading a day. Crypnuevo notes that experienced merchants benefit from this trend, and expect more prices.

From the perspective of technical analysis, the boom corresponds to the upscale qualifiers to +92000 dollars on April 20, 2025, with many major indicators. Bitcoin RSI (RSI), as mentioned by Tradingview on April 20, 2025, reached 72, indicating strong purchase pressure and potential conditions at the peak of purchase. In addition, the volume of trading on the main stock exchanges such as Binance increased by 20 % to 1.2 million BTC trading on April 20, 2025, according to Coingecko data. This increase in trading volume confirms more bullish feelings observed in the market. EMA for 50 days at $ 77,000, is used by Crypnuevo to enter long swing sites, as a decisive support level, indicating that the market has strong foundations for the ongoing bullish movement.

For traders looking to take advantage of this event on the market, the following strategies can be considered: RSI monitoring of potential signals purchased, which can indicate a short -term correction; Trading volume assessment to confirm the strength of the upward trend; Using EMA for 50 days as a major level to enter and exit deals. The increase in the upscale qualifiers provide +92,000 dollars, as Crypnuevo reported on April 20, 2025, a clear signal for merchants in favor of long swinging situations in anticipation of increasing other prices.

Instructions:
How can traders set the time to enter long swinging positions based on the last market event?
Traders should search for signs of strong upward feelings, such as increasing the liquidation to the upward trend, as it appears on April 20, 2025, when the references amounted to +92,000 dollars according to Crypnuevo. In addition, monitoring technical indicators such as RSI and trading volume can help confirm the strength of the trend. EMA for 50 days, as Crypnuevo entered with $ 77,000, as a reliable entry point for long trading.

What are the potential risks associated with long swinging positions in the current market environment?
The primary danger is the sudden reflection of the market, especially if the RSI’s relative indicators indicate excessive conditions in the peak, as happened on April 20, 2025, as it reached 72 according to Tradingview. Merchants should effectively put stops to manage these risks. In addition, a significant increase in trading volume, as observed on April 20, 2025, with a rise of 20 % to 1.2 million BTC on Binance according to Coingecko, could indicate a potential peak in the upward trend, which leads to the need for caution.

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