Experts Say Solana is Showing Signs of a Potential Reversal, While Ethereum Set To Repeat Historic Rally

Solana has been following a clean downtrend structure over the last three weeks. The bearish trend notwithstanding, Solana has been able to maintain the $180 support, prompting the renowned market analyst, BitGuru, to believe that the turnaround can occur shortly.

Ethereum, which has also been on a decline in the last three weeks, appears to be inching closer to a historic parabolic rally. As inflows slowly come back and the momentum builds, analysts declare that the ETH might be heading towards a new ATH in the near future.

Solana is Showing Reversal Signs, Could Pump To $300

Solana (SOL) has been on a declining trend since it failed to crack $250 in mid-September, dropping by around 18% with several dips in the past month. However, it has maintained the critical support zone at $180.

Highlighting the current performance, the crypto trader and analyst, BitGuru, has pointed out that Solana is following a clean downtrend structure. However, he notes that SOL continues to hold solidly near the $180 support level. 

With this, BitGuru explains that buyers are slowly stepping in, and the market is now showing signs of a potential reversal. If the Solana price breaks above $195, BitGuru predicts that SOL could rally towards $210–$220 in the short term.

CryptoPulse shares a similar sentiment and has been loading up as the Solana price remains under the $200 mark. According to his prediction, the target for Solana is around $300–$400+. But in case the Solana price falls beneath the support level of $180, this may result in a fall to $150.

Ethereum Could Repeat Historic Rally To New ATH

Ethereum price has been on a rollercoaster ride over the past three weeks and has been rising and falling below the $4,000 support level. At the moment, ETH is trading at approximately $3,800 support, as the market faces bearish pressure.

Inflows into ETF products have been increasing drastically over the past 24 hours despite the decline. The Ethereum ETFs registered inflows of $141.7 million after four days of consecutive outflows. The inflow influx is a pointer to a fresh interest by investors in driving the Ethereum price up.

GalaxyBTC further highlights this, stating that Ethereum has formed a ”V-shaped” reversal, similar to the 2020 market rally. He explained that in Q4 2020, the Ethereum price corrected for a 2-month period from $490, and the same trend is repeating as ETH corrects from $4,900.

DeFiTracer has called this the most bullish Ethereum setup since 2017. According to the analyst, the Ethereum price could rally to $10,000 in Q4 2025. However, for the bull trend to begin, the Ethereum price has to reclaim the $4,000-$4,100 resistance level.

In Summary

While analysts and traders are optimistic about potential rallies for Solana and Ethereum, they currently trade around critical support levels. A massive dip might follow Solana falling below the $180 support. Ether is also in the same position, currently trading around the support zone at $3,800. Nevertheless, provided that these support levels are sustained, their prices will retest recent highs.