With lending and borrowing, when the liquidation line is just three steps away, my first reaction isn't to hold on tight and believe "the rebound will come," but to pull myself out of the emotions first: either add some margin to create distance or simply reduce my position and lower the leverage, preferring to earn less than get blown up by a single needle. To put it plainly, when you're really close to the red line, what's most valuable in your hands isn't the position, but the option to choose.

Recently, there's been a bunch of meme + celebrity calls, attention cycling through different topics, and newcomers tend to get more and more hyped… I understand, but don't think about using borrowing to chase the last wave; liquidation comes faster than the heat dies down. I do keep an eye on what whales are doing on-chain, but most of the time I still follow the plan and pick slowly, just stay alive—there's always another opportunity. Right now, it feels like driving in the rain and also like meeting on a narrow bridge—best not to be stubborn.