The market is currently exhibiting significant bearish momentum across major cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and Chainlink. Bitcoin has repeatedly failed to hold crucial support levels and is showing signs of invalidating short-term bullish divergences, indicating further downside towards potential targets like 85k, 72k. Ethereum, Solana, and Chainlink are also breaking below key ascending support lines and previous lows, suggesting continued bearish price action. XRP is at a critical juncture, facing a potential multi-month crash if it breaks below the $1.80 support level, with possible targets as low as $0.90. While minor relief bounces are possible due to oversold conditions, the prevailing technical indicators point towards sustained weakness and further declines for the crypto market.