Bitcoin is (very) volatile in it self, so this is just to funny, and it is one more thing that shows that this market is in some way manipulated.
Lets see how many more days they can keep the price this stable.
I don't see any inherent reason that bitcoins should be so volatile. Until recently, the price was very volatile, but what has happened is that rather than one person dropping the price one day by selling and another person spiking the price the next by buying, there are now more speculators, or the ones there just have more money at their disposal, and so the person selling bunches today gives to the speculators, and the person buying bunches tomorrow takes from the speculators and the price remains pretty stable.
You are making the wrong assumption, this market is manipulated. This is how I see it, the price should be higher than 3.50 USD right now if everything was played as it normally is if you look at the order depth and knowing that it is very hard to get under 3 USD right now. Someone is building up this manipulation, I think they have bought a lot of bitcoins, they really don't want the price to go down, but at the same time they understand fundamentals so they are selling at 3.20 USD and over, by doing this and have a lot of buy order in the market, they are forcing this fake or manipulated stable behavior. At the same time they don't lose that much UDS or BTC, so they are playing the game of manipulating well (right now). The only way they can lose is if someone will sell massively in to this (fake) bid walls, then they will panic as always and the inflation and panic after that will make it worse. The thing is that we are at 3 USD and the downside is not that big. I think they have by doing this fundamentally put BTC around 1 dollar higher than it should be, but it is at a cost and right now we are printing 2,6 million BTC more until Dec 2012, so they will probably lose (again) in the end. Time is on the downside.