As the Ethereum community prepares for the Pectra upgrade, current trends indicate a notable decrease in ETH spot trading volumes. This decline may suggest a lull in volatility and selling pressure as traders wait for significant developments. The anticipation surrounding the upgrade has sparked discussions among investors about its potential effects on ETH prices. With a rebound in ETH price visible amid this reduced activity, analysts are keen to assess whether this trend will continue post-upgrade or lead to unforeseen market movements. Stakeholders should remain vigilant as the upgrade date approaches, as market dynamics may shift dramatically in the coming days.