Ethereum And Solana Flash ‘W Bottoms’: John | Solana News

John Bollinger, the inventor of Bollinger Bands and a determine whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—whereas Bitcoin will not be. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon I think.”

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

Ethereum And Solana Price: What To Watch Now

The emphasis on “Bollinger Band terms” is doing heavy lifting right here. In basic Bollinger taxonomy, a W backside is a two-trough reversal with the second low holding above the primary, typically accompanied by a volatility signature that features a prior band enlargement, subsequent contraction, and a failure to register a decrease low on the bands on the second leg.

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The more sturdy variations see the second low forming inside the bands or with a constructive divergence towards the decrease band, adopted by a band “pinch” and a transfer by way of the center band that transitions into an upper-band stroll. Bollinger’s phrasing—“potential” and “time to pay attention”—indicators that, in his framework, sample recognition precedes affirmation, and that the validation set off lies in subsequent price interplay with the center and higher bands reasonably than within the uncooked form of the price lows alone.

The rarity of Bollinger’s crypto commentary layered urgency onto the signal. As crypto trader Satoshi Flipper (@SatoshiFlipper) confused, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until yesterday. And each call he makes goes on to mark generational bottoms. He just told us SOL + ETH have bottomed, now imagine fading this legend.”

The similar account detailed that Bollinger’s final notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historic reference captures the prevailing market psychology: Bollinger’s rare, technically disciplined alerts are perceived by many merchants as cycle-defining.

Context from earlier this yr additionally helps body the setup. On April 10, Bollinger publicly flagged a comparable construction in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in BTCUSD. Still needs confirmation.” In the very same week, BTC carved out a backside at $74,508 and proceeded to log seven straight inexperienced weekly candles, advancing roughly 55%. From Bollinger’s call into the primary week of October, BTC rallied more than 70%.

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The market nuance in Bollinger’s newest readout is the express exclusion of Bitcoin. If ETHUSD and SOLUSD are printing W-like buildings in Bollinger phrases whereas BTCUSD will not be, it implies a short-term decoupling in volatility construction and relative power. In sensible phrases, a non-confirming Bitcoin can both lag into a later affirmation, stay range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist with out recapture of the center band.

For Ethereum and Solana, affirmation would usually seem like sustained closes above the 20-period shifting average (the Bollinger center band), adopted by a disciplined advance that converts the higher band from resistance into a information. A healthy W backside sequence tends to not produce quick, vertical band overthrows; reasonably, it builds a stair-step profile with periodic mid-band checks that maintain.

Failure would contain one other lower-band tour that undercuts the second trough or a volatility bloom that widens the bands with out directional follow-through—each signatures of an incomplete base.

At press time, ETH traded at $4,037.

Featured image created with DALL.E, chart from TradingView.com