The market is showing a clear risk-off tone, with most major assets trading lower. $BTC fell 1.19% and $ETH 1.14%, while $SOL -2.89%, XRP -3.81%, and BNB -4.75% faced heavier selling pressure. Higher-risk altcoins were hit even harder, including DOGE -5.54%, LINK -6.19%, and PUMP -11.46%. Meanwhile, capital appears to be rotating toward defensive assets and commodities, with XAU +0.31%, XAG +1.36%, and crude oil +0.66%. A few tokens such as NEAR +3.24% and SKY +2.97% managed to outperform despite broader weakness. Overall, short-term sentiment remains cautious, with investors favoring defensive positioning over risk exposure.