Market risks are highly elevated as institutional and tech insiders are distributing, with four climax top signals flashing warnings of a potential correction or bear market fomenting. Despite overvaluation reminiscent of the dot-com era, I maintain high equity exposure but am keen to rotate into higher quality, including strong moat companies similar to BRK.B and META. Speculative, weak-moat stocks show early signs of a bubble implosion; now is the time to avoid frothy plays and focus on high quality with solid cash flows and proven moat. Stay vigilant, avoid leverage, and prioritize portfolio resilience as multiple risk signals align and consumer sentiment remains surprisingly weak despite the ongoing bull market.