Bitcoin Pullback to $118k — High Volume Calls for Caution

I see Bitcoin trading at $118,221.86, down about 3.3% over 24 hours with a high of $124,474 and a low of $117,204. The move came on sizable volume, signaling elevated intraday volatility.

This looks like a short-term pullback rather than a clear trend reversal—price is near the session low, so sellers have pressure but there’s no capitulation yet. Key levels are support around $117k and resistance near $124k.

I’m not adding aggressively now; I’ll wait for volume to subside or for a clear bounce above support before increasing exposure. If support holds with lower selling volume, I’d consider buying on weakness.