According to BlockBeats, CryptoQuant analyst Axel Adler Jr has reported that Bitcoin's volatility has compressed to its lowest level in two years. This observation is based on the 30-day high and low price indicators, which show a narrowing range between the highest and lowest prices over the period. The rolling high/low price range has confined the price within these limits. Such compression typically indicates a balance between supply and demand and low realized volatility. This situation arises when liquidity is concentrated around local highs, above $120,000, and lows, below $113,000. The likelihood of a price range expansion is increasing.

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