When your borrowing position is just three steps away from the liquidation line, I usually don't rush to leverage up and bet on a rebound. Instead, I do something boring but lifesaving: slightly improve your health status (pay off some debt / add some collateral, choose the one you care least about), and casually check the interest rate and oracle—don't get pierced by a needle. Then, break down your position into smaller parts; if you can switch to collateral with less volatility, do it. If not, honestly reduce your position size—being able to sleep is more important than face.


The turning point is, sometimes you think, "Just hold on a little longer, it'll come back," especially lately with new L1/L2s offering incentives to boost TVL, everyone rushing while complaining about mining, arbitrage, and selling, and volatility loves to strike sneak attacks... Anyway, my rule is: when you're close to the red line, forget about faith and just focus on survival. First, push the liquidation risk far away.
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