Bitcoin has seen some extremely low volatility over the last couple of days. Every time that the indicator flashed green (low volatility), a big move in price was coming rather sooner than later.
Over the last year, most of the low-volatility-alerts have signaled a bullish move. Only in July and August it preceded a bearish move.
Something will happen, but it remains uncertain which direction the price will go. I've been quite bearish on the price ever since the ETF top, so wouldn't be surprised if we go down further.