比特币的远距离相近，随着扩展为加速的扩展

分析师Cryptocon表示，比特币可能处于当前市场周期中最爆炸性阶段的边缘。

Analyst CryptoCon anticipates that Bitcoin is nearing the end of its Long Range Phase, setting the stage for an "explosive" expansion set to accelerate through 2025.

分析师Cryptocon预计比特币将接近其远距离阶段的末端，为“爆炸性”扩展奠定了基础，以期在2025年之前加速。

In a detailed analysis shared on X, CryptoCon breaks down how Cycle 4 has unfolded so far, noting that nearly 1.86 years of the current cycle were characterized by sideways movement—what he refers to as a prolonged "ranging" phase.

在X上共享的详细分析中，Cryptocon分解了到目前为止4周期的发展方式，并指出当前周期的近1.86年的特征是侧向运动的特征，这是他的延长“范围”阶段。

In contrast, BTC has spent only 5.76 months in expansion and just 36 days (so far) making significant upside moves—four of which occurred recently.

相比之下，BTC在扩张中仅花费了5.76个月，而仅36天（到目前为止）进行了重大的上行移动，其中四次发生。

"The bull market parabola hasn't happened yet, but it's coming," he argues.

他说：“牛市抛物线还没有发生，但即将到来。”

The Calm Before the Surge?

激增前的平静？

The chart provided shows Cycle 4's progression through phases of range-bound price action and brief expansion bursts. Notably, expansion phases are short and intense, often leading to rapid gains, whereas range phases dominate the timeline.

图表提供了通过范围结合价格动作和短暂扩张爆发的阶段的周期4的进展。值得注意的是，膨胀阶段短而强烈，通常会导致快速增长，而范围阶段主导了时间表。

With the recent spike in price action and volatility, CryptoCon believes Bitcoin is gearing up for a "mega expansion phase" that could persist through the end of 2025. This aligns with previous cycle behaviors, where long periods of sideways movement preceded parabolic rallies.

随着价格动作和波动性的最新激增，Cryptocon认为比特币正在为“大型扩张阶段”的准备，该阶段可能会持续到2025年底。这与先前的周期行为保持一致，在此期间，侧向移动的长时间移动之前的抛物线会议。

"We're used to seeing cycles start slowly and then really heat up, especially as they get closer to the apex. In this case, we've had a very long ranging phase, and now we're seeing the potential for an extended period of expansion as we move through 2025."

“我们习惯于看到周期开始缓慢，然后真正加热，尤其是当它们靠近顶点时。在这种情况下，我们的范围很长，现在我们看到随着2025年的前进，我们看到了很长时间的扩展。”

What to Watch

看什么

CryptoCon concludes with a bold forecast: "Once we reach more new ATHs, the genie is out of the bottle."

Cryptocon以大胆的预测结束：“一旦我们到达了更多的新Aths，精灵就会脱离瓶子。”

As market sentiment improves and Bitcoin maintains its position above key levels, all eyes are on the charts for confirmation that the next breakout phase has begun.

随着市场情绪的改善，比特币将其位置保持在关键水平以上，所有眼睛都在图表上确认下一个突破阶段已经开始。