📉 Glassnode & Fanara: why Bitcoin's volatility is decreasing

Analysts explain: the drop in BTC volatility is a result of increased institutional participation, not a signal of the start of a bear market. Typically, price declines occur against a backdrop of rising volatility and lack of liquidity, but the situation is currently the opposite.

🔍 What's happening?

Since 2022, $732 billion has entered BTC — this cycle (2023–2025) has become the largest in terms of capital inflow.

Realized capitalization has exceeded $1.1 trillion.

After peaking at $126,000, Bitcoin has decreased by 36%, but there are no signals of a deep bear market.

🧱 Key level

For the market to rise again, BTC needs to establish itself above $93,000 — there are significant short liquidations concentrated there, which could trigger a new movement.