Lately, looking at the on-chain liquidation list gives me a bit of a chill... To put it simply, oracles feed prices half a beat late, and you think you're still within the safe zone, but in reality, others have already liquidated you at the "old price." Especially when there's a sudden volatility, the network gets congested, and price updates get stuck—liquidation hits like a sudden blow, leaving no time to react.

Coincidentally, a major mainstream blockchain is about to upgrade/maintain, and everyone in the group is speculating whether the ecosystem will migrate. I’m not too concerned about whether it migrates or not; I care more about whether the price feeds and block production are stable before and after the upgrade... If not, I’d rather reduce my leveraged positions first, leave some buffer, and sleep peacefully.

The other person still says, "Aren't you into art NFTs? Why are you staring at liquidations every day?" I’d like to ask the same, but once the collateral in my wallet gets liquidated, my aesthetic sense immediately turns gray. For now, that’s how it is—take it slow.