The Unsettling Season 2 is likely cancelled. The horror show premiered on July 15, 2019, on HBO Nordic but later in October, 2019, it was picked up by Hulu.
As for The Unsettling Season 2, the network or the streamer has not made any official announcements yet. It has been 24+ months since the original release so the chances for a new season are low.
But nothing is completely impossible. If the network wanted, it could renew the show for a second season because the first season did leave some unanswered questions that could be explored. There is also potential for an anthology series but so far no news of sorts has come out.
About the show: ‘The Unsettling’ is a horror series that follows 16-year-old Becca, who arrives at a foster home to live with the Werner family. As she tries to adjust to her new environment, strange occurrences cause her to doubt everything. Soon she learns the disturbing truth about why the family had agreed to foster her.