I think it's only natural that the crypto market is always volatile, because that's what makes it interesting. and the main reason why crypto rises and falls is good news and bad news about the crypto world, this is very influential in the crypto world
Cryptocurrency need to have more liquidity not to be very volatily. Also tokens must be in demand to raise in price. Some projects burn tokens to increase the demand in it.
https://twitter.com/CryptoArenaSDEX/status/1400739401785880576 Here you can see the result in burning tokens.
Cryptocurrency market is red because it is overvalued. But after the drop it will be correction of the market. Burn of the tokens help to increase liquidity but it is also necessary to increase demand in the token.