The analysis focuses on ADAUSDT, observing slow price action with lower lows compared to the Thursday low on some crypto charts. ADA hasn't achieved that low yet, indicating the tracked structure might be extending or morphing. The speaker suggests not seeing a nice and clear ABC structure to the downside in the current pullback, potentially leading to local sideways extensions. The analyst considers that sideways movement might be extending into a consolidation pattern, possibly forming a triangle. They are tracking an ABC structure, but seeing tendencies that the structure is morphing. The analysis suggests a target of 0.852475 with a fail bound of 0.912109.