The market is experiencing mixed signals, with some assets showing strength while others decline. The crypto market, particularly Bitcoin and Ethereum, has seen significant outflows, with Bitcoin falling below $40,000 and ETH below $2,000. The broader market sentiment appears cautious, with investors awaiting the Federal Reserve's next move. Meanwhile, AI-related stocks like Nvidia are showing resilience, while other tech giants like Meta and Apple are experiencing pullbacks. The situation with Tether's reserves has also raised concerns about liquidity in the crypto market.