This is a 240 minute chart of MARA with the Bitcoin 2-week cycle embedded. The channel up from the May 25th low is being broken on the downside today, suggesting a low-risk entry on the short side. The low at the beginning of the channel was $18.34. The next cycle low is due July 23rd, so July 30th puts would cover the entire two weeks. MARA July 30th $26P = 1.85-1.87 MARA July 30th $25P = 1.38-1.40 Target: <$20 Stop: A close back inside the channel, i.e., above $28.00.
