Overview
- John Bollinger said ETH and SOL are tracing potential Bollinger Band W‑bottom reversals, a setup he does not see on BTC.
- Ethereum has outperformed this week with the ETH/BTC pair up more than 7%, pointing to early altcoin rotation.
- ETH and SOL posted modest daily gains, with ETH cited near $4,037 in the latest reporting, while BTC stays range‑bound.
- Analysts highlight supportive backdrops including October’s reported $19 billion deleveraging and Santiment’s negative MVRV readings that suggest undervaluation.
- Some coverage notes reported institutional shifts, including BlackRock trimming Bitcoin exposure and adding to Ethereum, as traders wait for pattern confirmation.