I’ve always viewed lending and borrowing as a "time bomb." When the liquidation line is just three steps away from the red line, I usually don’t add to my position or hold on tightly; I first spread out my holdings: either pay back a small portion to push the line further away, or directly reduce some of my position. I’d rather earn a little less and sleep well. The worst thing is still gambling on a rebound right at the door, with that kind of instant spike on the chain—frankly, it doesn’t give you time to react.

Another small habit: before each borrowing or lending action, I always take a screenshot to save the current health status… Don’t laugh, but if problems do occur, at least I know what I clicked at that moment. I also quickly check the authorization—if I can revoke it, I do; read the signature first, then click, to avoid messy signing when busy.

Recently, everyone’s been talking about rate cut expectations, the US dollar index, and that kind of “synchronized” movement where risk assets go up and down together. It sounds profound, but for me, the conclusion is simple: don’t rely on macro to bail you out. When the liquidation line gets close, put out the fire first, and think about the rest slowly. That’s all for now.