🚨 The pair $ETH /$BTC is about to explode. The Bollinger Bands, a key indicator of volatility, are tighter than ever since June 2020. This historically means we are on the verge of a significant price movement in either direction. Stay alert!

This possible "boom" in volatility coincides with the arrival of Pectra, the next major update for Ethereum on May 7th. Pectra comes with significant improvements in scalability and efficiency of the network. What does this mean? We could see a direct impact on the price of ETH against BTC.

Traders take note: the tightening of the Bollinger Bands suggests that energy is accumulating. When the price breaks out of these bands, get ready for action! Many believe that a large movement often follows the direction of the initial breakout.

🔺 low historical volatility + a major Ethereum update = possible extreme volatility in ETH/BTC on the horizon! Keep an eye on the ETH/BTC chart on Binance and manage your risk. We could be about to see interesting movements! 🚀📈📉 What do you think? Is it going down? Or up? I’m listening 👀