<ul><li>Ethereum price faces Bollinger Bands squeeze amid market uncertainty and upcoming Pectra upgrade on May 7.</li><li>The tight squeeze on the ETH-BTC chart signals potential volatility and a market shakeup, with the Bollinger Bands at their tightest since June 2020.</li><li>The Pectra upgrade aims to enhance Ethereum network scalability, validator operations, and performance, with features like increased staking limits and efficiency of smart contracts.</li><li>Despite the current drop in ETH price to $1803, investors anticipate a rally post-upgrade, supported by rising trading volume and technical analysis pointing to a bullish pattern with a target price of $2,875.</li></ul>

Ethereum Pectra Upgrade Set for May 7 — ETH-BTC Squeeze Hints at Market Shake-Up

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