That lending and borrowing liquidation line, don’t wait until the last moment to panic. When I’m three steps away from the red line, I usually start to act: first cut my position to catch my breath (basically, just to stay alive), then add some margin / pay off some debt, pushing the line further out; if that’s not enough, I’ll just close the most volatile positions, don’t think “a rebound will be fine.” This stuff is a bit like driving and seeing the fuel gauge light up, but still pushing on the highway—eventually, either you run out of gas before reaching the gas station or you break down...

Recently, cross-chain bridges have been hacked again, and oracles have had abnormal quotes, everyone is there “waiting for confirmation,” and I’m the same—better to be slow than to leverage up when data is going crazy. Anyway, the note says: act when three steps away from the red line, no excuses. That’s it for now.