Ethereum is poised for a key update as the Bollinger Bands

📌 Ethereum is poised for a key update as the Bollinger Bands for ETH/BTC have narrowed to 2020 levels.

552025 Ethereums trading pattern compared to Bitcoin has reached a striking milestone not seen since mid-2020. The Bollinger Bands volatility indicator has narrowed to record lows, foreshadowing significant changes in the market. . Eth

-552025 Ethereum’s trading pattern compared to Bitcoin has reached a striking milestone not seen since mid-2020. The Bollinger Bands volatility indicator has narrowed to record lows, foreshadowing significant changes in the market.

This technical moment coincides with Ethereum’s upcoming Pectra protocol update scheduled for May 7. The update will be a major milestone for the network infrastructure, especially in terms of validation and scalability. A notable change will be an increase in the bid limit for individual validators from 32 ETH to an impressive 2048 ETH, and the network’s processing bandwidth per blob per block will triple from three to nine.

ansen analysts point out that the impact of the upgrade will go far beyond technical improvements. The increase in blob size could significantly improve the performance of Layer 2 networks, strengthen Ethereum’s position as a key element of data availability and contribute to its Rollup-oriented scaling strategy.