$MARA Holdings(MARA)$ 's recent trend is quite interesting. On April 4, it was hit near 9.8 during the trading session, but it quickly pulled back and has now rebounded nearly 30% from the low point. Based on the number of coins held, the current stock price implies a Bitcoin price of around 73,000, which is basically reasonable.

Considering the mining cost after the halving and the current coin holding situation, as long as there is no sudden negative news, this is likely to be a relative bottom. Although the short-term rise still needs to be catalyzed by events, the downside space is really limited, and I personally choose to continue to hold it steady.