According to Miles Deutscher, Bitcoin ($BTC) is currently exhibiting unusually low volatility, with price movements resembling those of a stablecoin (source: Miles Deutscher on Twitter, June 19, 2025). This period of stability has resulted in reduced trading opportunities for short-term traders, as range-bound action limits profit-taking from volatility-driven strategies. However, this consolidation phase could signal a buildup to a significant breakout, making it essential for traders to monitor on-chain liquidity and large order book changes for early signals of renewed momentum. Stability in Bitcoin often precedes major moves, impacting both crypto derivatives and spot market positioning.