Ethereum nears pivotal upgrade as ETH/BTC bollinger bands tighten to 2020 levels

5-5-2025 – Ethereum’s trading pattern against Bitcoin has reached a remarkable threshold not witnessed since mid-2020. The Bollinger Bands metric, a crucial volatility indicator, has contracted to historically tight levels, potentially heralding substantial market movements ahead. This technical milestone coincides with Ethereum’s forthcoming Pectra protocol enhancement, slated for 7 May. The upgrade marks a watershed [ source: https://www.cointrackdaily.com/ethereum-nears-pivotal-upgrade-as-eth-btc-bollinger-bands-tighten-to-2020-levels/