Rosenblatt: High-Performance Computing Sell-Off Creates Buying Opportunity for Galaxy Digital and Cipher Digital

MARA shares have experienced an 11.7% decline in the last 24 hours, with technical indicators pointing to weakness. While the RSI stands at 36, approaching oversold territory, the MACD remains below zero and below its signal line. The news headlines target other crypto mining companies such as Galaxy Digital and Cipher Digital, not directly MARA. Therefore, the impact of the news on MARA may be limited. In the short term, it is worth monitoring whether the price can find support at the $12 level, but no clear directional signal has emerged.

RIOT stock experienced a sharp decline of nearly 22% in the last 24 hours, with its RSI entering oversold territory at 28. Although the MACD remains below the signal line, the gap has narrowed, suggesting that bearish momentum may be slowing. News headlines mentioning high-performance computing sales could serve as an indirectly positive sectoral demand signal for RIOT, which is involved in cryptocurrency mining. However, with the price remaining below both the 20-day and 50-day moving averages, a short-term recovery remains uncertain. Therefore, due to the lack of a clear directional signal, a neutral stance is maintained.