John @AlexGFU - Twitter Profile

Pinned Tweet

9 months ago

High-Level Thesis for $MARA's Parabolic Run to $800+ As the Fed gears up for its pivotal September rate cut—now priced in at over 90% probability amid softening labor signals— $MARA Holdings ( $MARA) stands on the cusp of a massive breakout from its multi-year descending channel, trading near Fibonacci support at $15.47 and primed for a conservative 50% run-up mirroring half the explosive 2020–2021 surge. With ISM PMI still languishing at 48.0 (signaling contraction), a rebound above 50 could unleash a risk-on rally in industrials and energy, supercharging $MARA's Bitcoin treasury (50k+ BTC at <$50k cost basis), mining leverage, and AI pivots. Here's a small deep dive to why this high-conviction trade could melt faces into March 2026: ISM PMI and Business Cycle The ISM Manufacturing PMI has not crossed 50 yet—July 2025 came in at 48.0 (contraction for the fifth month), missing forecasts of 49.5 and signaling soft demand. The "pink line" (the ISM PMI overlay) kicking off the business cycle above 50 would be a huge catalyst for industrials/energy plays like $MARA, which ties into global mining ops and AI/energy pivots. If August's print (next release is out September 2nd) or later ones rebound—fueled by rate cuts (and subsequently, stimulus)—it will ignite the "actual business cycle", amplifying BTC/miner upside. Historically, PMI expansions have correlated with risk-on rallies, and $MARA's leverage (mining at <$50k/BTC cost basis) would magnify that. As you can see in the chart, ISM PMI and $MARA's price moved in sync. Consolidation and Fib Channel Bottom The stock has been grinding in a descending wedge/channel over the past 2–3 years, with price hugging the lower Fib levels (likely the 0.236–0.382 retracement from the 2021 highs around $83). We are sitting near the channel's support today, with the price at $15.47 (up slightly intraday but down 5%+ in the last session). The halved run-up (50% in price/timeframe from the 2020–2021 cycle) is my smart conservatism to ensure maximum profitabilty—that historic surge took it from $0.50 to $83 (160x), but dialing it back accounts for maturity in the sector, higher share count (390M now vs. ~100M then), and potential shorter bull legs amid macro uncertainty. Breakout Timing (Mid-September 2025) Tying it to the Fed's first major rate cut is spot-on. Markets are pricing in a 90%+ chance of a 25bps cut at the September 17–18 FOMC meeting, with some firms like Barclays and Deutsche Bank flipping to that view after Powell's recent signals on labor softening. Lower rates juice risk assets like crypto miners, easing debt costs ( $MARA has $2.6B in notes) and boosting BTC sentiment. If it breaks the channel upper trendline (~$18–$20 resistance), momentum could carry it higher quickly, as volume spikes in your chart suggest (the 4.67B volume bar in 2021). Estimated Cycle End in March 2026 This timeframe feels reasonable for a cycle peak, due to BTC’s halving effects (April 2024's was the last) and ETF inflows peak mid-cycle. Halving the duration from the prior 18–24 month run avoids over-optimism as I would like to start scaling out of this massive trade as price climbs over the golden pocket in this channel.

AlexGFU's tweet photo. High-Level Thesis for $MARA's Parabolic Run to $800+

As the Fed gears up for its pivotal September rate cut—now priced in at over 90% probability amid softening labor signals— $MARA Holdings ( $MARA) stands on the cusp of a massive breakout from its multi-year descending channel, trading near Fibonacci support at $15.47 and primed for a conservative 50% run-up mirroring half the explosive 2020–2021 surge. With ISM PMI still languishing at 48.0 (signaling contraction), a rebound above 50 could unleash a risk-on rally in industrials and energy, supercharging $MARA's Bitcoin treasury (50k+ BTC at <$50k cost basis), mining leverage, and AI pivots.

Here's a small deep dive to why this high-conviction trade could melt faces into March 2026:

ISM PMI and Business Cycle
The ISM Manufacturing PMI has not crossed 50 yet—July 2025 came in at 48.0 (contraction for the fifth month), missing forecasts of 49.5 and signaling soft demand.

The "pink line" (the ISM PMI overlay) kicking off the business cycle above 50 would be a huge catalyst for industrials/energy plays like $MARA, which ties into global mining ops and AI/energy pivots. If August's print (next release is out September 2nd) or later ones rebound—fueled by rate cuts (and subsequently, stimulus)—it will ignite the "actual business cycle", amplifying BTC/miner upside. Historically, PMI expansions have correlated with risk-on rallies, and $MARA's leverage (mining at <$50k/BTC cost basis) would magnify that. As you can see in the chart, ISM PMI and $MARA's price moved in sync.

Consolidation and Fib Channel Bottom
The stock has been grinding in a descending wedge/channel over the past 2–3 years, with price hugging the lower Fib levels (likely the 0.236–0.382 retracement from the 2021 highs around $83). We are sitting near the channel's support today, with the price at $15.47 (up slightly intraday but down 5%+ in the last session).

The halved run-up (50% in price/timeframe from the 2020–2021 cycle) is my smart conservatism to ensure maximum profitabilty—that historic surge took it from $0.50 to $83 (160x), but dialing it back accounts for maturity in the sector, higher share count (390M now vs. ~100M then), and potential shorter bull legs amid macro uncertainty.

Breakout Timing (Mid-September 2025)
Tying it to the Fed's first major rate cut is spot-on. Markets are pricing in a 90%+ chance of a 25bps cut at the September 17–18 FOMC meeting, with some firms like Barclays and Deutsche Bank flipping to that view after Powell's recent signals on labor softening.

Lower rates juice risk assets like crypto miners, easing debt costs ( $MARA has $2.6B in notes) and boosting BTC sentiment. If it breaks the channel upper trendline (~$18–$20 resistance), momentum could carry it higher quickly, as volume spikes in your chart suggest (the 4.67B volume bar in 2021).

Estimated Cycle End in March 2026
This timeframe feels reasonable for a cycle peak, due to BTC’s halving effects (April 2024's was the last) and ETF inflows peak mid-cycle. Halving the duration from the prior 18–24 month run avoids over-optimism as I would like to start scaling out of this massive trade as price climbs over the golden pocket in this channel.

40

183

20

53

44K

John

@AlexGFU

Last Seen Users on Sotwe

Trends for you

Most Popular Users