Bitcoin is experiencing a stark contrast compared to previous halvings. Despite the ongoing event, market volatility remains unusually low according to recent data from CoinGlass, hovering below 2% – levels not seen for years. This significantly differs from the volatility observed during the third halving period of 2020, where it exceeded 5%. Keiji Maeda, CEO at Japanese crypto firm BACKSEAT, suggests that expectations surrounding Bitcoin halvings have fundamentally shifted, with a stable bull market potentially continuing as market liquidity rises and dampens the impact of individual investor trading. This trend appears to be breaking the cycle of speculative selling driven by past events, as market trends are less susceptible to short-term volatility.