Well-known technical analyst John Bollinger have discovered doable W bottoms in Ethereum (ETH) and Solana (SOL) charts. These are patterns usually seen earlier than bullish reversals. Nonetheless, Bollinger, well-known for creating the Bollinger Bands indicator famous that Bitcoin (BTC) is but to show an identical setup.
Bollinger Highlights Key Divergence Between Bitcoin and Altcoin Setups
In a put up on X, Bollinger mentioned each ETH/USD and SOL/USD present doable “W” bottoms in Bollinger Band phrases, whereas BTC/USD doesn’t. He hinted that it’d quickly be time to “concentrate,” as these setups can sign key inflection factors when confirmed.
The “W” backside, a double-bottom construction inside the Bollinger Bands, usually types when costs dip twice. Typically, the second low is larger than the primary one.
Potential ‘W’ bottoms in Bollinger Band phrases in $ETHUSD and $SOLUSD, however not in $BTCUSD. Gonna be time to concentrate quickly I feel.
— John Bollinger (@bbands) October 18, 2025
This means that the promoting momentum is lowering and consumers are step by step taking management. As soon as confirmed, it marks the start of an upward shift. This rising optimism echoes current bullish commentary from world buyers. Not too long ago, monetary educator Robert Kiyosaki known as Bitcoin and Ethereum “actual cash,” citing their resilience amid financial uncertainty.
Bollinger’s comment follows his earlier evaluation in April, when he noticed an identical sample in BTC/USD. Again then, he described it as a “traditional Bollinger Band W backside” that also wanted affirmation.
Bitcoin later rallied from that zone, validating his statement and reinforcing his fame for accuracy in figuring out early pattern reversals. This time, although, Bollinger’s focus has shifted to Ethereum and Solana, which can now be main indicators for a broader restoration.
Ethereum Positive aspects Momentum Towards Bitcoin, Signaling Attainable Altcoin Rotation
TGW Capital, a crypto analytics agency, reposted Bollinger’s assertion, emphasizing how his April Bitcoin name had performed out. They instructed that ETH and SOL might observe an identical trajectory if present formations maintain.
Including to the optimism, ETH value rose 1.52% within the final 24 hours to round $3,891, whereas SOL value climbed 2.15% to just about $186. Current information helps this shift in market construction. The ETH/BTC pair has climbed 1% prior to now 24 hours, exhibiting that Ethereum is gaining power relative to Bitcoin.
The Ethereum/Bitcoin ratio is over 7% in per week, which signifies capital rotation off Bitcoin and into Ethereum. Institutional flows seem to reflect this shift. BlackRock lately trimmed its Bitcoin holdings whereas rising its publicity to Ethereum in the course of the current market downturn.
This will show the analysis of Bollinger that ETH is approaching a doable backside zone, and BTC remains to be at a consolidation part. Often, the rise on this ratio is adopted by a interval when altcoins carry out higher than Bitcoin.
That is known as an alt season and it factors to a divergence between main belongings. Regardless that Bitcoin is buying and selling round its main help zone on the weekly chart, ETH and SOL are reacting positively to accumulations once more.
