The essence of the economic cycle is the tidal cycle of the US dollar The average cycle is 4.5 to 5 years 2.5-year upward period (Jiqin expansion) 2 years to decline period (Jiqin contraction) From Q1 of 2023 to now, immersed in an upward trend The period of decline may be approaching Typical features near the top: one ️⃣ High frequency wide range oscillation two ️⃣ Macro data chaos three ️⃣ Significant increase in interval volume four ️⃣ New high in public opinion heat Strategy: Liquidity first, yield second, low fault tolerance, prevention of drawdown, and preservation of fruits!