GM BTC pumped from 7.7 to 8.1 overnight, shorts got liquidated for over $500M. Broke past 8K, but with today’s non-farm payroll data still pending, don’t treat this rebound as a trend just yet. XRP, HYPE, and ARB followed the move with volume. HYPE is nearing its previous high, but there’s an unlock on the 6th—don’t chase too hard at these levels. On-chain, RH and PONS are seeing some action. Some people have started shorting. AMC’s CEO came out to criticize stock tokens—there might be some noise in the short term, but it won’t necessarily dump right away. Injective paused for four hours. Coinbase is applying for 24-hour stock futures trading. Hot money is still focused on BTC and RH. The schedule is packed, so don’t go all-in on your positions.