The crypto market is experiencing a broad downturn, with most major assets showing weakness. Bitcoin and Ethereum have seen significant drops, while altcoins like Solana and BNB are also under pressure. This is reflected in the overall market sentiment, which appears to be leaning bearish. However, some key support levels are being tested, and it will be crucial to observe whether these levels hold or if further downside is expected. The USDT dominance is also showing strength, which typically indicates a flight to safety within the crypto market. The analysis of various markets suggests a risk-off sentiment prevails, impacting both crypto and traditional markets.