Ethereum Pectra Upgrade and Market Volatility: ETH/BTC Squeeze Hinting at Big Changes

The Ethereum price is currently experiencing a tightening squeeze within Bollinger Bands as market uncertainty increases. The Pectra upgrade, scheduled for May 7th, is poised to influence market sentiment and potentially propel prices upward. This development coincides with the ETH/BTC ratio, which is closely watched by traders on the Binance exchange, showing signs of volatility based on technical indicators. These developments are creating a strong possibility for significant market shifts as we approach the upcoming …