Ethereum And Solana Flash ‘W Bottoms’: Bollinger Returns With Legendary Call

John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is ￰0￱ a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in ￰1￱ be time to pay attention soon I think.” Potential ‘W’ bottoms in Bollinger Band terms in $ETHUSD and $SOLUSD, but not in $BTCUSD. Gonna be time to pay attention soon I think. — John Bollinger (@bbands) October 18, 2025 Ethereum And Solana Price: What To Watch Now The emphasis on “Bollinger Band terms” is doing heavy lifting ￰2￱ classic Bollinger taxonomy, a W bottom is a two-trough reversal with the second low holding above the first, often accompanied by a volatility signature that includes a prior band expansion, subsequent contraction, and a failure to register a lower low at the bands on the second ￰3￱ Reading: Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off?

The more robust versions see the second low forming inside the bands or with a positive divergence against the lower band, followed by a band “pinch” and a move through the middle band that transitions into an upper-band walk. Bollinger’s phrasing—“potential” and “time to pay attention”—signals that, in his framework, pattern recognition precedes confirmation, and that the validation trigger lies in subsequent price interaction with the middle and upper bands rather than in the raw shape of the price lows ￰4￱ rarity of Bollinger’s crypto commentary layered urgency onto the ￰5￱ crypto trader Satoshi Flipper (@SatoshiFlipper) stressed, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until ￰6￱ each call he makes goes on to mark generational ￰7￱ just told us SOL + ETH have bottomed, now imagine fading this legend.” The same account detailed that Bollinger’s last notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historical reference captures the prevailing market psychology: Bollinger’s infrequent, technically disciplined alerts are perceived by many traders as ￰8￱ from earlier this year also helps frame the ￰9￱ April 10, Bollinger publicly flagged a similar structure in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in ￰10￱ needs confirmation.” In the exact same week, BTC carved out a bottom at $74,508 and proceeded to log seven straight green weekly candles, advancing roughly 55%.

From Bollinger’s call into the first week of October, BTC rallied more than 70%. Related Reading: Ethereum Will Flip Bitcoin, Predicts Tom Lee: Here’s Why And When The market nuance in Bollinger’s latest readout is the explicit exclusion of ￰11￱ ETHUSD and SOLUSD are printing W-like structures in Bollinger terms while BTCUSD is not, it implies a temporary decoupling in volatility structure and relative ￰12￱ practical terms, a non-confirming Bitcoin can either lag into a later confirmation, remain range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist without recapture of the middle ￰13￱ Ethereum and Solana, confirmation would typically look like sustained closes above the 20-period moving average (the Bollinger middle band), followed by a disciplined advance that converts the upper band from resistance into a guide.

A healthy W bottom sequence tends not to produce immediate, vertical band overthrows; rather, it builds a stair-step profile with periodic mid-band checks that ￰14￱ would involve another lower-band excursion that undercuts the second trough or a volatility bloom that widens the bands without directional follow-through—both signatures of an incomplete ￰15￱ press time, ETH traded at $4,037. Featured image created with DALL. E, chart from ￰16￱