The analysis focuses on SOLUSD. It highlights that SOLUSD has reached a key resistance level, the 100% extension level at $253.79, resulting in a rejection. The speaker suggests a support area should hold if the price continues to increase directly. The analysis anticipates a third wave taking SOLUSD to $305 in the weeks or months ahead, dependent on maintaining certain support levels. The speaker also states that a break below support level will negate the path. The speaker states that ideally there could be a higher low formation, suggesting a continuation of the uptrend in the coming months, with $360 to $380 points identified as a possible target. The analysis uses Elliott Wave theory. The micro support is between $235 and $244 which if holds then it could send the price to $261 and then $280. If it breaks below the 235 it will extend the fourth wave.