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ME News reports on June 3rd that shell companies associated with Musk have recently purchased land in the suburbs of Houston, possibly for the location of the $55 billion chip factory Terafab.
Terafab is jointly promoted by SpaceX, Tesla, and xAI, with an investment cap of $119 billion, focusing on AI and robotics chips.
WIT Tech LLC has acquired at least 6 parcels of land in Grimes County, totaling over 6,000 acres, with the transaction amount undisclosed.

ME News: On April 19 (UTC+8), Marc Zeller, the founder of Aave Chan Initiative (ACI), posted on the governance forum stating that, due to risks related to rsETH that could potentially lead to wETH shortages and bad debt issues in Aave V3 Core, ACI has decided to immediately terminate the Frontier staking service plan. It is reported that all ETH staked through Frontier will be fully withdrawn and placed under the management of the Aave DAO, so that they can be used as needed to protect wETH depositors. At the same time, ACI

#IntroducingGateStocks
TESLA (TSLA) — APPROACHING A DECISION ZONE: BREAKOUT OR REJECTION?
Tesla has continued its impressive recovery, climbing strongly from its yearly lows and reclaiming key technical levels. Price is now approaching a critical resistance region where traders should expect increased volatility and a potential battle between bulls and bears.
📈 Market Structure
The overall market structure remains bullish on the higher timeframe after TSLA successfully established a series of higher highs and higher lows. This confirms that buyers currently maintain control of the trend.
The recent rally has pushed price into a major supply zone around the $440-$450 region, an area that previously attracted significant selling pressure.
As long as Tesla continues to hold above recent swing lows, the broader uptrend remains intact.
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🎯 Key Resistance Levels
Major Resistance: $440 - $450
This zone represents the first major obstacle for bulls.
A successful daily and weekly close above this region could trigger another expansion move toward:
$470
$490
$500 psychological resistance
The $500 area is particularly important because it coincides with previous historical highs and could attract profit-taking activity.
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🛡️ Key Support Levels
Immediate Support
$420
$405
Major Support
$380 - $390
If Tesla experiences a pullback, these levels are likely to attract buyers looking to join the trend at better prices.
A breakdown below $380 would weaken the bullish structure and increase the probability of a deeper correction.
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📊 Momentum Analysis
Momentum remains positive, but price is approaching an area where rallies have previously stalled.
This means:
✅ Trend remains bullish
✅ Buyers still control the market
⚠️ Momentum may slow near resistance
⚠️ Increased volatility should be expected
The next few sessions will be crucial in determining whether Tesla has enough strength to break through overhead supply.
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🔥 Bullish Scenario
If buyers successfully push price above $450 and maintain acceptance above that level:
First Target: $470
Second Target: $490
Third Target: $500+
Such a breakout would confirm continuation of the broader uptrend and could attract fresh institutional buying.
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🐻 Bearish Scenario
If Tesla fails to break resistance:
Price could revisit $420
Deeper correction toward $405
Stronger retracement into $380-$390 support zone
This would still be considered a healthy correction unless major support levels fail.
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💡 Trading Outlook
Tesla is currently trading at a technically important location. The trend remains bullish, but price is approaching a resistance cluster where many traders will likely take profits.
The key question is whether buyers can generate enough volume to break through the $440-$450 ceiling.
Current Bias: Bullish Above $420
Confirmation Level: Break and hold above $450
Risk Zone: Sustained trading below $380
Final Verdict
Tesla remains one of the strongest large-cap momentum stocks in the market. The longer-term trend favors buyers, but the stock is entering a high-stakes decision zone.
A confirmed breakout above $450 could open the path toward the psychological $500 level, while rejection at resistance could trigger a healthy corrective phase before the next major move.
Trend Rating: 8/10 Bullish 📈🚀
#Gatestock

Mars Finance News, according to Jintiao reports, European Central Bank Governing Council member Pereira stated that given the persistent consumer price pressures, the European Central Bank should not hesitate to take action. He pointed out in a media interview on Saturday evening, "I believe it is better to act early rather than late, to avoid a larger second-round effect later." This comment comes just before the European Central Bank's monetary policy meeting on June 10th to 11th, with markets and economists expecting officials to raise interest rates by 25 basis points at that time.

According to the NEWS 24/7 interview video, Greek former Finance Minister Yanis Varoufakis said that he once held 2,000 BTC, but later donated them because he did not agree with the ideology behind Bitcoin. Varoufakis has long criticized Bitcoin, believing that money cannot be separated from political and public governance frameworks.

CryptoWorld News reports that, according to Lookonchain monitoring, trader loracle has lost more than $35 million by shorting HYPE and has given back the $42.2 million profit earned from contract trading in less than 20 days; he is currently in a net loss position. The trader has already closed part of his HYPE short positions, but still holds a HYPE short position worth approximately $103.1 million. In addition, he is increasing his long positions in Aster, ZEC, and TON.

Ethereum continues to weaken after falling below $2,000, with short-term downside pressure still dominant. Analysts say the leverage ratio is about 0.74, which is relatively high, and the funding rate remains positive. Long positions are crowded, but price recovery is weak; RSI is around 31, close to oversold but not yet rebounding. The US spot Ethereum ETF has experienced 13 consecutive days of net outflows, with a total outflow of nearly $695 million, indicating a cooling of institutional allocation demand. The $1,800 support zone has become a key observation point, with market sentiment and technical indicators leaning toward the downside.

$HYPE showing strong bullish expansion with momentum continuation.
Buyers remain firmly in control after reclaiming higher structure.
EP
64.80 - 65.30
TP
TP1 66.50
TP2 68.00
TP3 70.00
SL
62.90
Liquidity was taken around the 62.00 region and price reacted with aggressive displacement to the upside. Structure remains bullish with strong demand supporting higher prices, while momentum continues toward overhead liquidity.
Let’s go $HYPE ‌

BlockBeats News, May 29 — The Polymarket development team announced, "Currently, there is an issue with the trading functionality. The team has identified the cause of the problem and is deploying a fix. Real-time status updates can be viewed on the official status page."

CryptoWorld News: AAVE Labs' UK subsidiary has received approval from the UK Financial Conduct Authority (FCA) to operate regulated crypto asset trading services in the UK.

AAVE founder Stani Kulechov responds to the view that "DEFI is unsafe," stating that compared to the last cycle, DEFI is more resilient, and AI has improved security in areas such as risk engines, audits, bug bounties, oracles, and automated monitoring, also assisting security teams. Some risks originate from the Web2 operational layer, requiring strengthened internal controls and processes like SOC2. Meanwhile, OpenZeppelin co-founder Aráoz said that AI can find vulnerabilities, but attack and defense are asymmetric, so he believes "all DEFI is unsafe."