I'm just someone watching the market from the corner, but lately I keep feeling: liquidation isn't always about how much leverage you use, but about the oracle price being "a bit slow." When the market suddenly moves, the on-chain feed price doesn't keep up, your position looks fine, but in the next second, a sudden spike happens, and the liquidation line feels like it's being pulled downward... You might think the market is hitting you, but it could actually be the data arriving late.

What's more annoying is that recently everyone has been complaining about validators making money, MEV, and fair ordering, basically "who sees first, who acts first." The combination of oracle updates and ordering makes retail traders more likely to become the first plants to wilt in the greenhouse. Anyway, I now prefer to open fewer positions and leave some buffer, rather than miss out or get educated by a delayed feed price. That's all for now.