📢 Gate Square Daily Report | June 2
1️⃣ Market Trends: BTC falls to nearly two-month lows at $71,000, down 2.7% over the past 24 hours; Strategy sells 32 Bitcoins for the first time in four years, and the stock price drops 5%.
2️⃣ Institutional Developments: Bitcoin mining company IREN completes $3.65 billion in financing, which is intended to support an AI cloud contract signed with Microsoft.
3️⃣ AI Developments: Anthropic secretly submits a draft S-1 filing to the SEC, preparing for an IPO; the issuance size and price have not yet been determined.
4️⃣ TradFi Developments: U.S. stock-market retail investors have outperformed institutions for two consecutive months; in May, excess returns reached 16 percentage points, setting a historical record.
5️⃣ Market View: “New stock god” Serenity points out that Google’s $80 billion financing may benefit AI supply-chain companies such as Micron and TSMC.

💰 $LAB QUICK SCALPING SETUP
🔼 LONG
✳️ ENTRY: 13.35 – 12.80 – 12.30
🎯 TARGETS: 14.00, 15.00, 16, 17.00, 20.00
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 12.00
#LAB is showing exceptional momentum after a massive breakout, with price trading far above MA7, MA25, MA99, and MA200. The latest candle expansion confirms aggressive buying pressure, while MACD continues printing strong bullish momentum. However, RSI is deeply overheated, suggesting short-term pullbacks and volatility can occur at any moment.
The current move looks like a momentum-driven expansion phase. Chasing green candles after a 50%+ daily rally carries elevated risk, so waiting for intraday dips into the entry zone offers a much better risk-to-reward setup. As long as price remains above the $12 support region, bulls maintain full control of the trend.
For traders already in profit, consider securing partial gains at targets and letting the remaining position ride. If momentum continues and volume remains elevated, the psychological zones at $17 and $20 can become realistic magnets in the next expansion leg.
⚠️ This is a high-volatility scalp setup. Position sizing and strict stoploss discipline are essential.