Waves Are Dancing is the second studio album by Ukrainian folk metal band Holy Blood, released in 2005.

[1] The musical output is dominated by recorder melodies and keyboards, and occasionally there are ethereal female vocals and folk choir singing.

"The Spring" opens with the sound of insects and a flute, only to have the brutal guitars, double bass, and aggressive vocals shatter the calmness.

"I Flow Toward the Fate" starts in an intense manner, and a little bit into the song have been incorporated some subtle female vocals.

[4] Matt Morrow of The Whipping Post wrote that "Holy Blood gave us a great first impression with The Wanderer, but my opinion is that Waves are Dancing is a much more solid album with better quality songs and a more mature sound.