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The analysis focuses on Solana's price action, noting a recent loss of the 129 support level. Current market momentum is weak, with liquidity expected to decrease over the weekend, potentially leading to increased volatility. The speaker highlights a key resistance zone between 129 and 130, which Solana recently rejected. A primary bearish target for SOLUSDT is identified between 124.5 and 122.5, where significant liquidity and support are present, specifically a naked point of control at 125.5. For SOLBTC, the relative strength against Bitcoin is also deemed bearish, though nearing stronger support. A bullish scenario for SOLUSDT would require a strong reclaim of the 130 level, which is considered unlikely. Alternatively, a more probable bullish entry could emerge from a fake-out below the 123.5-122.5 support zone, followed by a reclaim.