i believe the "scared period" is over now.
As long as BU forms somewhat of a potential danger when it comes to causing a chain split, people won't so easily calm down. Think about it, what has changed since yesterday that you think the panic period is over? Nothing has changed.
and price is becoming stable
It's not.
while day traders are talking full advantage of this volatile situation to make their daily profit with the rise and falls in a big range going up and down!
For sure. This is what all day traders look out for. I am a day trader myself, and I personally wouldn't mind these fluctuations to continue bounce up and down for a few more days. Since the panic isn't over yet, I think the chances are pretty high to have more profitable day trading opportunities in the coming days.
HODL is the easy and safest choice in situations like this when everything is crazy and unclear though.
Correct. However, people put themselves into great danger as they quite often happen to invest money that they can't miss in their personal life. It's dumb and makes them do even dumber things (e.g. panic selling at a loss, and buying back at higher levels). If you invest with money you can't afford to have invested, the you can't make any proper decisions. All your decisions will be based on emotions.