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Bitcoin volatility has compressed to a two-year low, with an increasing possibility of price range expansion.
On August 14, an analyst from a data analysis platform stated, "According to the 30-day price high and low point indicators, Bitcoin volatility has compressed to its lowest level in two years: the range between the highest and lowest prices within 30 days has narrowed, and the range formed by the rolling high/low prices has squeezed the price within it. This type of compression typically reflects supply and demand balance and low realized volatility, which occurs when liquidity is concentrated at local highs (above $120,000) and lows (below $113,000). The possibility of price range expansion is increasing."