To The Moon

$Cipher Mining Inc.(CIFR)$ $22.76 (+22.04%): AWS AI lease spike with long upper wick; traders eye $20–$25 shakeout range Market Recap (as of Oct 31, 2025): Cipher Mining closed at $22.76, surging +22.04% on the day and pushing its YTD gain to roughly +390%, after an intraday run as high as $25.11 before fading to finish about 9% below its new 52-week peak. Volume exploded to 132M+ shares, more than 3× the recent average, underscoring aggressive repositioning in the name. Yahoo Finance shows no meaningful TTM P/E because GAAP EPS remains negative at -0.45, but valuation screens indicate a forward P/E around 32x, versus the S&P 500’s forward multiple near 23x, meaning CIFR now trades at a premium to an already-expensive market. The move is being driven by excitement around Cipher’s strategic pivot from pure Bitcoin mining toward high-performance computing, highlighted by a reported $5.5B AI lease agreement with Amazon Web Services and accompanying Q3 update, which has put CIFR in the crosshairs of AI-infrastructure and crypto-beta traders simultaneously. Technical Indicators Analysis: Technically, price remains in a steep uptrend, extended well above the 20-day EMA (~$18.5) and 50-day EMA (~$14.9), but today’s candle shows a classic long upper shadow from $25 back to the low-$23s, signaling profit-taking into fresh highs. MACD sits just below its signal line (histogram slightly negative), suggesting upside momentum has cooled even as price spikes, while RSI around 67 flags a strong yet stretched trend rather than a clean new leg. Short term, the base case is a high-volatility consolidation in roughly the $20–$25 band: first support lies near $22 (recent swing low / rising 20-day EMA), then $17 (gap zone and 50-day EMA); resistance is $25–$26, above which a squeeze could target $27–$30 if news-driven flows persist. With Street’s 12-month target consensus still around $21.9—below the current price and likely due for revision after the AWS deal—my technical bias is a trading range with upside skew: near-term bullish target $24–$27, downside risk back toward $18 if $20 fails on closing basis.(sg.finance.yahoo.com) Risk Disclaimer: This commentary is for informational and technical-reference purposes only and does not constitute investment advice or a recommendation to buy or sell any security. All data are based on the latest daily close from Yahoo Finance and TradingView for CIFR and may change; please conduct your own research and manage position sizing and risk according to your individual circumstances. For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account! Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun! How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.