I have always been optimistic about silver and started accumulating from the lows. However, as a bull, I also understand when to step on the brakes. The most dangerous signal is a one-sided market where everyone is frantically going long — and right now, that's exactly the situation. When the bullish camp becomes extremely crowded, a reverse fluctuation becomes a high-probability event. That's why we are now choosing to reduce our positions. Sometimes, protecting profits is more challenging for traders than continuing to chase higher prices.