$ETH / $BTC : A Major Move Incoming?

1. Technical Signal (Bollinger Bands)

Bands have tightened — lowest since June 2020.

Implication: High volatility expected soon.

2. Ethereum’s Pectra Upgrade (May 7)

Staking limit: 32 ETH → 2048 ETH

Blob capacity: 3 → up to 9 blobs per block

EOF (EVM Object Format): Makes smart contracts more efficient and secure.

3. Who Benefits?

Layer 2 Networks: More blobs = faster & cheaper transactions

Sectors Boosted: DeFi, NFTs, and blockchain gaming

4. Ethereum's Role Strengthened

Reinforces its rollup-centric scaling strategy

Enhances position as a data availability layer