From the 4-hour Fibonacci retracement chart, after the recent rally and pullback, the price broke through the 0.618 level but quickly recovered. It then struggled below the 0.5 level for about 8 hours before breaking through the 0.382, but soon encountered resistance and pulled back.

The key now is to observe whether the 0.382 level can hold. From a probabilistic perspective, it is more likely that a correction at the 0.382 level will be followed by an upward push. However, it is also possible that after a correction within the range between 0.5 and 0.382, the market will directly initiate a rally.

Overall, it still depends on the closing to confirm the direction, which is the most reliable basis for judging subsequent breakthroughs.