Next week, the macro rhythm will be intense, with the March non-farm payroll and PMI data hitting hard. The Federal Reserve will probably have to swing that little whip of interest rate cuts again. There’s also drama on the regulatory side, as senators are keeping an eye on the top influencer MrBeast's crypto business; it seems that regulation targeting big influencers' sales has entered deep waters.

The most worth watching is FTX's new round of fund allocation, as this liquidity influx can be seen as a refreshing rain in a dull market. Polymarket is also starting to increase fees, a typical sign that as the business grows, they begin to harvest. If this round of non-farm payroll continues to exceed expectations, US Treasury yields are likely to rise, and risk assets will definitely struggle in the short term. What does everyone think? Of the money that FTX has spat out, how much can make its way back into the secondary market? #FTX #MacroAnalysis #非农 $BTC