The analysis focuses on SOLUSD, noting a current sell-off and correction phase. The market has suffered a rapid decline, possibly related to Bitcoin dominance. Solana has reached a trendline and is oversold on the 4-hour RSI. A bullish divergence is not yet apparent. A break below $173 would confirm a larger downtrend. The focus remains on the downside unless the market indicates an uptrend. There is a B wave pullback underway with a support area between $172 and $210. The next move up is likely a corrective bounce to $240. Elliot Wave theory suggests more downside to $173 before further upward movement.