That liquidation threshold in lending and borrowing, once it really reaches the "three steps away from the red line," I usually can't pretend to be calm: first, clear your position from your mind, just watch the numbers. The first step is to reduce leverage / borrowings, even if it means a little loss, it's better than being kicked out by the system; the second step is to prepare the way to add margin (don't wait until on-chain congestion or CEX transfer issues); the third step is to set a hard stop-loss point, when it hits, cut it, don't bargain with yourself.

If I didn't do this at the time, it was usually "thinking I can hold on a bit longer," then get liquidated at the worst possible moment, and wake up blaming the market. Recently, there's been talk about rate cut expectations, the US dollar index, and risk assets rising and falling together—basically, the correlation is all over the place. During times like these, don't treat the liquidation line as a joke... just stay alive first.