What volatility compression actually signals
Markets alternate between expansion and contraction. A squeeze is the contraction phase — a period where realized volatility collapses and price trades in an unusually tight range. The classic signature is the Bollinger Bands narrowing until they sit entirely inside the Keltner Channel. When that happens, the market is storing energy. Compression is not a directional signal on its own; it is a timing signal that tells you a decisive move is becoming statistically more likely.
Ballad's scanner quantifies this state continuously. Instead of eyeballing hundreds of charts, you see exactly which crypto pairs and tokenized equities are in compression, how long they have been coiled, and how tightly — so you can prepare before the range resolves.