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Once my lending position approaches the liquidation line, there are only three steps left (basically just a slight fluctuation can knock you out). I usually don’t argue with the market: first, lower the leverage, I’d rather earn less and sleep well. The two most practical things are: add some margin to improve health, or directly pay off some debt to cut risk; if the collateral is cross-chain, I’ll prioritize stopping the bridge part first, don’t gamble on the bridge not causing trouble when things are most tense. Recently, there are rumors of some places increasing taxes, tightening or loosening regulations, but I definitely don’t dare to hold onto the red line waiting for deposits and withdrawals; emotions can change, and liquidity can disappear instantly. The turning point is: if you really face continuous drops, don’t panic and go all-in to add positions; first, calculate how much to add to push the liquidation price further away. If it’s not enough, accept the loss and reduce positions—saving your life is more important than saving face.