The analysis focuses on Solana (SOLUSDT) following a significant overnight price pullback, which was technically anticipated but exacerbated by external fundamental factors. Recent news regarding the Bank of Japan's potential rate hike increased overall market risk, contributing to the downturn. While the volatility index showed some initial increase, it has not ramped up excessively, and equities initially pushed down but are not universally bearish, suggesting a relatively stable underlying market. Solana experienced a rejection at the 144-141 support level, consistent with previous expectations for a pullback. The price descended to test the value area low of price action observed since March 2024. The general expectation remains that Solana will find stability and initiate an upward movement. The primary short-term price target is set between 144 and 146, corresponding to the 30-day rolling VWAP. In a worst-case scenario, the price could experience a further dip to lower lows, potentially finding support around 127-126, which could then form a bullish divergence before a recovery towards the aforementioned targets. The presence of imbalances (fair value gaps) to the upside suggests potential for price to fill these levels after establishing a bottom. The US session's market dynamics and Solana ETF inflows are crucial indicators to monitor for further developments.