The bullish inverse head and shoulders pattern on the BTC hourly chart has been confirmed, and the price has been steadily moving in an upward trend. There is no hesitation needed; the long positions momentum is strong.

If you want to go long, the most reliable entry point right now is around 112300 to 112500. Why is this a good spot? First, it is a normal pullback confirmation after the inverse head and shoulders pattern breakout; second, it is also a key support level in the rising trend. Entering here allows for tight risk control, aligning with the current rise rhythm.

Looking upward, around 114600 must definitely be set as the first target. This area is not only the previous strong resistance but also the rise target that the inverse head and shoulders pattern should have. Given the current momentum, reaching this point is not a big issue.

If you're worried about a small pullback in the short term, then place the second order around 111700. This position is a strong support of the rising trend line and is not far from the neck line of the inverse head and shoulders pattern. Even if the price does pull back to this level, the overall direction is still bullish, and the target remains focused on 114600.

In summary, the signals are clear, the support and resistance levels are obvious, following this strategy to go long will not be wrong.