The analysis focuses on SOLUSD. It identifies a B wave pullback that started on October 20. The speaker suggests an ABC structure might be completing. The current chart is prepared, but there's concern about a five-wave decline. As long as the low of October 17 at $171.10 holds the structure is valid. Adjusted resistance is measured between $184.91 and $193.23. Breaking above $193.23, the next focus shifts to $197.90. The speaker believes another bounce from the current level is possible, potentially forming a larger triangle pattern. If it goes down below $178 the $160 area might be achieved.