Lately, watching lending positions feels a bit like observing the reflection on a wet road after the rain—clearly the lights are still there, but they can distort in an instant. When I'm still "three steps" away from liquidation, I usually don't try to be a hero: first, I lower the leverage to a level I can sleep soundly with, if I can add some margin I will, if not, I just reduce my position directly, preferring to earn a little less than getting wiped out on-chain in one go... To put it simply, liquidation isn't losing money; it's the passive acceptance of defeat that's uncomfortable.

These days, I've been seeing more about social mining and fan tokens—"attention is mining"—it looks lively, but I'm a bit fatigued: attention is indeed valuable, but what’s valuable isn’t necessarily you. Too much information really causes anxiety. My current filtering method is pretty crude—only look at two things: how close my liquidation line is, and whether on-chain funds are panicking (I made a small emotional chart for myself, when it turns red, I stop). As for everything else, I just see it as neon lights—no need to rush in and step into the water.