A fishing buoy for reducing injury or premature mortality in target fish species and endangered or protected bycatch includes:a multi-axis swivel having first and second attachment points arrayed along a central first axis and a third attachment point arrayed along a distinct second axis;an anchor or other underwater restraining device;a ballast, float and a transmitter having a transmission state;a leader and at least one baitable hook;a fish strike trigger connected to the transmitter and temporarily coupled to the leader, or connected to the leader and temporarily coupled to the transmitter.;After a fish or bycatch strike the trigger changes the transmitter state to provide an indication that a strike has occurred, the leader and transmitter are decoupled, and the leader is free to rotate around the central axis without entangling the anchor or other underwater restraining device.
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