The most amazing thing about Bitcoin is that it has a clear cyclical memory. Past market cycles have shown that large-scale trends often follow a pattern of "initiation—acceleration—mania—cooling." The current stage is more like moving from initiation to acceleration, but it hasn't entered the mania phase yet.

Many people dismiss cycle logic with short-term fluctuations, but cycles truly operate on a macro level. As long as the long-term narrative remains intact, the power of cycles will repeatedly manifest. Historically, every major correction was seen as the end, only to turn out to be a new beginning.
Of course, cycles won't simply repeat exactly, but human nature does. Greed and fear cycle repeatedly, which is the root cause of cycles. Currently, there's still some distance from widespread mania, meaning the cycle story may not be over yet.
Therefore, Bitcoin's next move is more likely to be "zigzag upward" rather than a straight surge or cliff dive. The real risk isn't volatility, but getting shaken off during turbulence. Patience is often more valuable than judgment.
#比特币下一步怎么走？