The analysis focuses on Solana (SOLUSD). It notes that the larger timeframe indicates an unfolding uptrend, potentially a C-wave. This follows a B-wave bottom in June. The upside is regarded as a five-wave move, but the upward trajectory isn't strongly impulsive. The analyst mentions that microstructures might shift, and it's possible the asset is not yet in its internal third wave due to the corrective nature of recent structures. The price hasn't decisively moved away from the support area defined by previous swing highs, suggesting a need for a sustained break to target $360.