Feeling like there are three steps left before a lending position hits the liquidation line, basically the heartbeat starts racing. At this point, I usually don't think about "holding on," more like doing a practice: first recalculate the position, collateral ratio, interest, and so on, don't rely on guesswork; then prioritize two things—either add some collateral to move the red line further away, or reduce the position to lower leverage, place orders slowly, don't rush and hit your own slippage with market orders. If you're really unsure, just close it directly; losing a bit of fee is better than being completely liquidated. Recently, everyone’s been talking about modularization and Layer 1 discussions, sounding very future-oriented, but I still see my position as the most realistic... First, put the risk back in your own hands, and other narratives can go with the flow.

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