The video analyzes SOLUSD on the 1-hour timeframe, noting a problematic pullback impacting a bullish scenario. A drop below the yellow trendline, previously around $226, is concerning. The sharp decline isn't favorable, especially considering Bitcoin's potential dominance increase. It suggests a broader B-wave correction might be unfolding. A corrective bounce could form a B-wave, leading to a C-wave decline. The next support area lies between $199 and $173. The analyst mentions a standard resistance area for a B wave lies between $230 and $245.46. A break above $245.46 is needed to alleviate downward pressure. As long as Solana remains below $245 to $246 the pressure is downward. There is currently a lack of reaction at the 61.8% retracement level at $217, thus it might indicate a wave is extending down. Further downsides make the bullish scenario less likely.