The price has pulled back from the top, which basically aligns with our recent analysis.

The four-hour double top reversal currently shows no signs of a limit down, so we should still focus on the two support levels below.

The previous peak and the multi-bottom neckline at the previous bottom are exactly at 0.5 and 0.618 of the previous uptrend.

However, this is just the expected bottom for the correction; the final stop for the decline will be determined by real-time signals, as the market progresses step by step.

In the future, whether it continues to pull back and decline or directly reverses from the top, there is a high probability that there will be another test of the previous high. A major cycle top reversal will not occur immediately at a single wave high but will provide confirmation signals at different levels, so we are not considering a reversal for now.