When the lending position is only "three steps" away from the liquidation line, I usually stop looking at the K-line first and check if my hands are trembling... Honestly, betting on the direction at this point is too torturous. My order is: first, lower the leverage a bit (pay off some debt / add some margin, whichever helps me sleep better), then pull out the warning line and keep an eye on it, and also glance on-chain to see if any big whales are adding pressure in the same direction, so I don't get caught off guard. Recently, the discussions about rate cut expectations and the US dollar index are back, and as a result, risk assets are acting erratically, moving together up and down, and the liquidation line can suddenly come right up to your face. Anyway, I keep some liquidity on hand so I don't have to force it when things get tense, and even my cat will come and tap the keyboard a couple of times to remind me to stay calm. The last thing I’ve learned isn’t a technique, but that: don’t treat "approaching the red line" as the moment to prove whether you're right or wrong.

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