#EUPrivacyCoinBan
Ether-Bitcoin 'Squeeze' Hints at Imminent Volatility as Ethereum Pectra Upgrade Nears
Ethereum’s Pectra Upgrade (May 7) Could Boost Scalability & Shake Up Markets**
**Key Points:**
- The ETH/BTC Bollinger Bands are the tightest since June 2020, signaling potential for a major volatility spike.
- The upcoming **Pectra upgrade** (May 7) aims to enhance Ethereum’s scalability, possibly influencing trading activity.
- Traders looking to capitalize on volatility should monitor **Binance’s ETH/BTC pair**, as historical patterns suggest sharp moves could follow.
**What Are Bollinger Bands?**
These volatility indicators track price movements by plotting two standard deviations above and below a 20-day moving average. Narrowing bands often precede big price swings