After a period of uncharacteristic bubbling and steaming, Mt Ruapehu's Crater Lake is showing signs of cooling down.
But scientists have pointing to a range of other indicators suggesting the volcano is still in a state of "heightened unrest".
Earlier this month, the mountain-top lake was measured at 46C -- its highest temperature in over a decade -- while an observation flight found it to be steaming.
Since then, the temperature has dropped to 39C, although some of this may have been due to rain and snow falling into the lake, GNS Science volcanologist Dr Gill Jolly said.
Meanwhile, moderate levels of volcanic tremor were continuing and recent visits to the volcano had also measured an increase in the output of volcanic gas.