“the paleotemperature records used in our study have a temporal resolution of about 120 years on average.”
“no temperature variability is preserved in our reconstruction at cycles shorter than 300 years, 50% is preserved at 1,000-year time scales, and nearly all is preserved at 2,000-year periods and longer.”
Recent data came from yearly measurements, so preserves variability on a yearly basis.
In other words, the way past data was determined, sudden changes would be hidden, like the temperature spike that it shows in the 20th century.
If it had gone back 400,000 years, which is basically nothing in geological scales, it would bring up some really interesting questions.