Well, I suppose that is an ambiguous term that could vary from person to person. I'm just saying that if you're concentrated in U.S. equities and crypto, it might not be a bad idea to count your blessings, take the win you've been handed and raise some cash. Especially if you're a few years out from retirement. Nobody can peg exactly when a bubble will end, but valuations are extremely extended by historical measures, the market's propped up on nothing but weaponized option trading, stretched margin lending, and extreme retail engagement. History has shown many times that that is a toxic cocktail. Throw in inflationary pressures, very evident contagion in the Chinese real estate market, and the end of the biggest fiscal sugar high in history--I'm just saying that the future appears fraught with risk. I think the next decade will be a lesson for those who believe that one should always buy the dip, and that stocks always go up.