Marathon Digital (MARA) shares of the top crypto miner are getting coiled tightly in an explosive squeeze pattern near the 20 level and likely is set to surge higher this summer if can see a close back above 22. The crypto miners are showing relative strength even with Bitcoin itself staying sluggish but within reach of the recent highs as it churns around 65k to 70k and overall, just could be building the right shoulder of a bigger picture inverted head and shoulders consolidation since back in early April. The miners like MARA can still move on their own but clearly can be bolstered by a breakout to highs in the Bitcoin market and Ethereum as well. MARA has its YTD VWAP right at 21.46 so a key line in sand just above current levels while a close above 22 should trigger short covering in the higher short interest name and likely see a first target near 25 in due time. MARA sees a lot of options flow but the most notable lately have been buyers of over 10,000 September $28 calls accumulating as well as a recent buy of 5500 December $39 far OTM calls bought at $2.10.