I just took a quick look at the liquidation prices of a few mainstream lending protocols, and they’re about three steps away from the red line—so it suddenly made me feel a bit itchy. To be honest, I’m not the type who likes chasing pumps and then selling into dumps, but when the liquidation price starts closing in, there’s always this impulse of “should I try betting on it?” Later I figured out it’s not greed—it’s fear of missing out. Fear that someone else will pick up a bargain through liquidation while I just stand there looking foolish. Especially recently, with the testnet rolling out incentives and points and people starting to dangle promises again, everyone’s guessing which mainnet will issue a token. Once the mood heats up, your hands are easier to lose control. But if you think calmly, planning a stop-loss line in advance and figuring out how much volatility you can realistically withstand is far more reliable than temporarily gambling on liquidation. Anyway, I’ll first set a reminder for myself, then observe for another day or two. If it really reaches the red line, we’ll talk then.

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