More critical than volatility is the softening of people's hearts
On May 24, Bitcoin's volatility rose to 1.79%, recovering gradually for two consecutive days since hitting a low of 1.58% on May 22.
On the surface, it seems like just a number, but it actually reflects changes in sentiment behind it.
Low volatility → Speculation recedes, market cools
High volatility → Emotions run high, trading intensifies
Bitcoin now is like a 'frozen' volcano; the technical aspect hasn't erupted, and the funding hasn't gained momentum, but all variables are accumulating.
The key is that once there is a catalyst on the macro side (interest rates, inflation, geopolitical surprises), both the coin price and volatility could explode simultaneously.