Worried about AI/Tech concentration. How are you hedging against a potential drawdown without exiting the market?

I’ve been building my portfolio for a few years now, but with the current sentiment around an AI bubble, I’m starting to feel over-leveraged in tech. Currently sitting on about $70k total and looking for a sanity check on my risk management strategy.

Portfolio Breakdown:

• VOO: $30k (Taxable)

• Tencent (TCEHY): $10k

• Roth IRA: $20k (Broad market ETFs)

• Misc: $10k in individual stocks

The Concern:

Between VOO’s heavy weighting in mag-seven/AI and my Tencent position, my exposure to a tech correction is significant. I’m trying to decide the best way to "crash-proof" without being an emotional seller.

Specifically:

1. Stop-Losses vs. Hedging: Does anyone actually use limit sells/stop-losses for long-term holds like VOO, or is the risk of being "stopped out" during a flash dip too high?

2. The Tencent Position: It’s a large chunk of my individual holdings. Given the current macro environment, would you trim this to rotate into a more defensive sector?

3. Strategy: For those who think we are in a bubble, are you staying the course with the S&P 500, or are you moving toward a higher bond/cash position to buy a potential dip?

Not looking to "time the market" perfectly, just want to ensure I'm not being reckless by holding through a potential 2000-style tech pop.