Warren Buffett just dropped the same warning he gave ONCE before — right before a 78% crash.

1999: "Euphoria is the enemy." He walked away.
Result: Dot-com wipeout. Down 78%.

2026: $400B in cash. Zero buys.
"Worse than 1999."

Michael Burry: $1B short on AI.
Warren Buffett: $400B sitting in cash.

Same year. Same warning. Same answer.
Cash.

Buffett's been right every single time. He just gave the signal again.

Are you listening?

Here's the trade setup:

If you're holding risk assets — alts, meme coins, overextended tech plays — this is your cue to derisk. Not panic sell, but scale out and lock profit. Rotate into stables or high-conviction majors like $BTC and $ETH that can survive a flush.

If cash is king and the smart money's sitting out, we should be too — or at least trimmed and ready to buy the blood when it comes.

Risk management isn't boring. It's how you survive to trade the next cycle.