This month, the overall funding curve has seen a significant drawdown, basically reaching the year's low point. Currently, the Spot position is still at 80% without reducing position, and some puts have been sold between 90k-75k to buy the dip; this bull run has not ended yet.

However, there shouldn't be any large-scale position increases in the crypto space moving forward, and if the chips bought at the dip are also profitable, just take the profit and exit.
The remaining 20% of funds are now gradually dollar-cost averaging into US stocks. If there is a major correction in US stocks, I will dive right in.