Bitcoin horn pattern breakout's long positions shift and key resistance game strategy

The necessity of core logic and mindset transformation

• Bullish signal from the breakout of the horn pattern: The hourly horn pattern has been broken, and a retest of the upper boundary confirms effective support, compounded by a volume breakout at the key resistance of 114020 USD (not a false breakout) — at this point, the bearish mindset should be abandoned, and at least on the hourly level, a bearish outlook should not be maintained, as the risk of shorting against the trend is extremely high;

• The rhythm of a stepwise advance: After breaking through $114020, encountering resistance and falling back near $115000 (due to minor resistance at $115193) is normal. If the drop does not break $114020, it will consolidate and continue to advance, breaking through $115193 to see $116002 (the starting point of the decline). If it stabilizes, it will aim directly for $117000, with a clear path for long positions.

Key Point Trading Strategy

• Long positions conditions:

1. Volume breakout at $114,714 → enter long positions on the right side (hourly closing price needs to stabilize), target $115,170 → $116,025, stop loss on break.

2. 113,331 USD false breakdown recovery → light positions to try long, false breakdown of the low point or stop loss at 112,528 USD, if it does not recover then give up;

3. Stand firm at $115,170 → increase long positions, target $116,931, after breaking $116,002 can look at $117,000;

4. Conservative type long positions at 112014 US dollars, stop loss at 110875 US dollars (extreme pullback low absorption, low probability).

• Short selling conditions:

1. Volume breaks below $114,285 → short on the right side, target $114,020 → $113,072, if the rebound cannot recover, stop loss;

2. Shorting lightly at $116,025 (2B false breakout), stop loss at $117,139 (high position short, requires confirmation of weak long positions);

3. Break below 114020 USD on the 4-hour level → increase short positions, looking down to 112014 USD. If the support breaks, then long positions will temporarily pause.

The Importance of Patterns and Support Defense

• Continuation after the breakout of the trumpet pattern:

◦ $114,020 is the lifeline for long positions, which serves as both a resistance level for breaking through and a support level for pullbacks. If it doesn't break, the upward trend remains unchanged; if it breaks, it will return to consolidation.

• Significance of breaking key resistance:

◦ $115,193 is a short-term minor resistance, $116,002 is the starting point for the decline. Breaking through both will open up new space respectively, and confirmation of effectiveness requires volume support.

Summary: Bitcoin's hourly level has turned to long positions. Core operation: Long positions should rely on breaking through 114714 USD for follow-up, closely monitor the support defense at 114020 USD. After breaking through 116002 USD, one can look for 117000 USD. Short positions should only be tested during false breakouts at high levels, and do not operate against the trend.