Whales are going to start selling like last cycle.
This cycle can repeats similarly like the past cycle or just similar in fractal or can move differently than the last cycle. We only can know if this cycle completes and we look at data to compare two cycles.
Don't fall for the trap. Do NOT sell.
Saying is easier than doing. I don't say your advise is wrong but this raises a warning for people to look at how they manage their capital, how they use it for investment, all in bitcoin or partially in bitcoin, whether they have savings, reserved money for their lives and emergency.
If they have bad capital and risk management, all their wealth is in bitcoin, they will have to sell their bitcoin to get money even if Bitcoin drops to $50,000 or $40,000, they will have to sell.
Bitcoin is freedom. Do not sell your freedom. Hodl it until fiat goes away entirely. Give it to your grandkids if you have to. Do not sell your freedom.
To have freedom, people must store their bitcoins in non custodial wallets, not in custodial wallets, not in online platforms.
Better to store their bitcoin in open source (not close source) non custodial wallets.
Reminder: do not keep your money in online accounts