The analysis focuses on Solana (SOLUSD) and its correlation with Bitcoin (BTCUSD) and Ethereum (ETHUSD). The analyst suggests he is open to more bullish scenarios, with the overall direction dependent on Bitcoin's performance, which are following similar structures. For Solana, the upper support area lies between $118 and $138. If the price finds support and rallies in five waves, it would be an indication of moving up in a C wave with a target price of $343.99. If the market fails to rally in five waves and gets rejected from the resistance area, a C wave down is expected potentially reaching a low of $67.18. Bitcoin and Ethereum will follow Solana's structure.