The market is no longer volatile as before because we're in the bear market and alot of individual are no longer active in the market trading Bitcoin by buying or selling but they are holding because soon the halving date will near and those who didn't hold their bitcoin will be regretting while those individuals that didn't sell their Bitcoin but was holding will make profits. When the bear market is over and the bull market comes then you'll see the market back in its volatility.
If we are talking about extreme volatility, then yes, the market isn't that volatile at the moment for a lot of reasons including market sentiment, not much news both positive and negative, and lower trading volumes of course, but volatility in general is still present because the prices of cryptocurrencies including Bitcoin are still moving up and down every single day no matter how small the movement is.
Most individual in the crypto market are holding and there aren't many individual buying because alot of money has been lot in the market for the last past years and those with money are waiting for the market to finish dumping then starts pumping before they will buy.
People are buying and selling but the volumes are relatively lower at the moment, and as soon as that starts going up, the market will start getting more pace and will start going up more and we probably have some time for that to happen right now.