The video analyzes the SOLUSD chart, noting a pullback after a positive day but highlighting that the price is still within a range. The speaker points out that despite promising upside price action, the price movement is meaningless until a breakout from the range occurs. A larger timeframe analysis reveals a wedge pattern with the price reacting to the upper boundary line, acting as resistance. The speaker notes this resistance has been evident in July and August. Therefore, the predicted market trend will be a range from the actual bullish market trend.