Bitcoin Holds Large‑Cap Strength; Watch for Buy‑on‑Weakness

I see Bitcoin trading around $118,633 with a modest 24‑hour pullback but a positive weekly gain. Market cap stays dominant at $2.4T and volume is healthy at $74.1B.

Short‑term momentum is mixed (1h +0.46%, 24h -1.84%, 7d +2.25%); support sits near $117,985 and resistance near $124,128. I’m watching price action for a clear breakout or a deeper retracement.

I’d avoid chasing here — prefer a disciplined entry on weakness or hold existing exposure until confirmation of direction.