### **Double Top Pattern: A Classic Signal for Trend Reversal**

The double top pattern is an important **bearish reversal pattern** in technical analysis, consisting of two nearby peaks and a neckline. When the price attempts to break the same resistance level twice and then retreats, confirming the pattern when it **breaks below the neckline**, it often indicates the end of an uptrend. The reliability of this pattern depends on **volume changes** (the second peak with decreased volume) and **time span** (more effective over several weeks to months). Once the break below the neckline is confirmed, the downside target is typically the **vertical distance from the peak to the neckline**. For example, if the peak is at 100 yuan and the neckline is at 90 yuan, the theoretical downside target would be 80 yuan. In practice, it is necessary to combine indicators such as MACD divergence and RSI overbought conditions to enhance judgment, and to be wary of false breakouts. A classic case is the Bitcoin double top in 2021, which saw a decline of over 50% after the break. Investors should promptly adjust their strategies to mitigate risks after the pattern is confirmed.

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