Bitcoin Near Recent High — Hold and Watch for Pullback or Breakout

I'm watching Bitcoin at $118,633 with a 1h gain of 0.46%, a 24h dip of 1.84% and a 7d gain of 2.25%. The intraday range is 117,985–124,128 and market cap dominance remains very large.

Liquidity is strong (~$74.1B), so intraday swings are tradable but the price is extended near recent highs. I won't add size at these levels without a clearer pullback or a breakout on increased volume.

I'll wait for either a meaningful retracement into support or a confirmed breakout above the recent high before changing position.