Right now, I see that there are only three steps before my borrowing position hits the liquidation line, and my palms are sweating... In the past, I would tough it out, but you know how that ends: the more stubborn I am, the more the market teaches me a lesson. Recently, I’ve learned to be smarter: treat leverage as a bad habit to be cured, pay back a little whenever I can, and if I really don’t want to sell, add some margin first to push the red line outward; then, tie my hands to the most desired “bottom-fishing and adding positions,” and don’t dance on the edge.

Honestly, when you’re three steps away from the red line, what’s most valuable is calmness, not judgment. Especially now, with this kind of market where emotions can cause a quick slide, it’s a bit like the inflation + studio + coin price spiral in chain games—once it crashes, there’s no time to react. Anyway, I set a reminder: when it’s truly dangerous, I immediately reduce my position, rather lose face than lose principal... This reverse indicator of mine, surviving longer is considered winning.