Arsal Sheikh (@_sheikharsal) 's Twitter Profile
Arsal Sheikh

@_sheikharsal

ID: 1222601457091907586

calendar_today29-01-2020 19:24:50

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Arsal Sheikh (@_sheikharsal) 's Twitter Profile Photo

The #cryptomarket is shaking once again: Ethereum has plummeted to $2,100, and Bitcoin is also down. Is this manipulation? Or a genuine collapse? Let’s break it down. ⚡️ What happened? 🧵

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1️⃣ Massive sell-off
Bitcoin dominance has surged to 65%, a rare event indicating that traders are exiting altcoins en masse. ETH broke through key support levels and crashed without finding a floor. These moments often signal a local bottom, but the market remains uncertain.

Arsal Sheikh (@_sheikharsal) 's Twitter Profile Photo

2️⃣ Trade war tensions
Donald Trump announced new tariffs: 25% on Canada and Mexico, and 10% on China. This triggered a drop in the stock market, and having a high correlation with equities, crypto followed suit. Investors fear that a new trade war cycle could harm the economy.

Arsal Sheikh (@_sheikharsal) 's Twitter Profile Photo

3️⃣ Manipulation by major players
Sharp drops like this often happen before significant upward movements. Institutional investors might be shaking out retail traders to accumulate BTC and ETH at lower prices.

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💡 What now? — If Bitcoin holds above key support levels, expect a rebound.
— Ethereum could see a surgeif staking is approved for ETFs.
— There’s no need to panic, holding spot positions remains a solid strategy, but futures traders should exercise caution.

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📌 Bottom line: The market is in “no man’s land”. If this is manipulation, we will see a bounce soon. If the decline continues, brace for another wave of downward movement.

Arsal Sheikh (@_sheikharsal) 's Twitter Profile Photo

Successful People see opportunity in every failure. Normal People see failure in every opportunity. Both are Right. Only one gets Rich. It’s all probabilities. Stick to the plan & manage the risk.

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Bitcoin was never meant to be “fair.” Some bought early, some didn’t. Some built wealth, others stayed broke. Calling it “unfair” is just another excuse. BTC doesn’t care. You’ll own it at the price you deserve!

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Most people will never understand how significant this is. These people were those who somehow survived the devastating crash few days ago and then used 10x leverage ( & More ) Thinking it would all go to the Moon. This was a precisely engineered liquidation. My Condolences 💐

SquadStack (@squadstackteam) 's Twitter Profile Photo

Our Voice AI didn’t just pass the Turing Test, it passed it in real customer chaos. Rahul Tayal breaks down how we engineered human-like conversations from turn detection to millisecond latency. This milestone is just the start. #TuringTest #VoiceAI #AI #SquadStack