These days, I've been watching a bunch of memes and celebrities calling out orders, and the rotation is happening again.


Old players are all advising not to take the last step...
What I care more about is: you think you're being liquidated by the "market," but often it's the rhythm of the oracle feeding prices that messes things up.

To put it simply, when price feeding has a delay, the on-chain price you see might be a half beat behind the outside market.
If you leverage or borrow, the safety threshold of your position is calculated based on the "old price."
When the outside market drops first, the liquidator is watching the on-chain trigger conditions: once the fed price updates, it suddenly crosses the threshold, and liquidation hits all at once—slippage + penalties + fees—making your real loss much bigger than you think.
Conversely, if a short-term spike just happens to be fed in, it could also wipe out a position that was still okay.

My current approach is pretty simple: don’t keep leverage close to the line, leave a buffer for "delay + volatility";
when checking liquidation thresholds, also factor in gas fees, borrowing interest rates, and liquidation penalties for each operation, or else profits will be slowly stolen by hidden costs.
Staring at it for too long makes my eyes tired, so I’m taking a break for now.
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