My current attitude towards the lending liquidation line is: don't wait until you're "three steps away from the red line" to realize it. When it gets that close, your hands will shake, and your mind will stop working... I usually treat my positions as if I need to make a "backup," leaving some room: either top up some margin in advance or cut a small portion first, better to earn less than to be systemically wiped out with a single click. To put it simply, liquidation isn't losing money; it's losing the right to choose, and that hurts too much.

Recently, there's been a lot of talk about interest rate cut expectations, and also about the dollar index moving up and down together with risk assets. Hearing that, I become even less confident about pushing my health level too high; the correlation can change at any moment. Anyway, I set a "yellow zone" in my chart for myself—once I enter the yellow zone, I start acting, not waiting for the red light. Today, I’m still debating whether to reduce leverage further... Forget it, I’ll sleep first and look at the data tomorrow.