When the lending position is only "three steps" away from the liquidation line, I basically stop worrying about the direction and focus on survival first.

The first step is to align the data: whether it's price feed fluctuations or borrowing too much, don’t be scared by the dashboard.
The second step is to perform "patch" style repairs, small fixes are enough—add some margin or repay a little debt to widen the health buffer, don’t think about recovering all at once.
The third step is to double-check permissions and operational paths, especially for multi-signature/authorization setups— the more panicked you are, the easier it is to click the wrong address.
Recently, everyone has been watching large on-chain transfers and abnormal movements in exchange hot and cold wallets as "smart money," but honestly, those are mostly emotion amplifiers.
When it really comes to liquidation, only your own red line is the most real.
For now, surviving is more important than making the right judgment.