When the liquidation line for borrowing and lending is only "three steps" away from me, I usually stop first and stop watching the K-line. The first thing is to reduce my position to a level I can sleep with: either add some margin to pull the line further away, or simply reduce leverage / pay back some, preferring to earn less than be wiped out by a one-click system.


Later I thought it was quite funny; I used to fantasize "holding on a bit longer for a rebound," but most of the time it was just emotions hardening the stance.

Recently, isn't it common for people to watch large transfers on the chain and unusual movements in exchange hot and cold wallets, thinking it's smart money? I also glance at them, but honestly, that's just another form of noise, not a lifeline.
Don't be scared by the daily chart, and don't be fooled by it either. Near the liquidation line, the principle is simple: survive first, predictions come later.
That's all for now.
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