MARA Showing Classic Wyckoff Reaccumulation Setup

I’m currently observing what appears to be a Wyckoff Reaccumulation Schematic developing in MARA (Marathon Digital Holdings). After a significant decline, the price seems to have found a floor with a clear Selling Climax (SC), followed by an Automatic Rally (AR) that established the upper boundary of the trading range. The price action since then has remained largely within this range, showing multiple Secondary Tests (ST) that confirm both support and resistance levels. The structure and volume behavior suggest that MARA is likely in Phase C of the Wyckoff reaccumulation process, where we typically anticipate a spring or shakeout to test supply before the next leg higher. If the schematic continues to unfold according to the Wyckoff method, we could see signs of Phase D soon, which would involve a successful test of the spring and a rally back toward resistance with increasing demand. This would set the stage for a potential breakout, marking the beginning of Phase E. I’m closely watching price behavior near the lower range, along with volume confirmation, to validate this scenario. While the structure is still developing, the current formation is consistent with historical reaccumulation patterns seen prior to bullish continuations.