When lending and borrowing, the most important thing to do when the liquidation line is just three steps away is not actually to "bet on a rebound"... I usually stop first, don't leverage more, honestly the more you add, the more it looks like emotional trading. Then immediately split up your position: if you can pay back part, pay back part first, even if it's not much, moving the red line down a little will make your mindset much more stable; if you don't want to pay back, add some collateral, but only enough to "be able to sleep," don't overdo it.

On-chain, I casually check the pool health and big account actions, a couple of days ago I noticed that a certain address 0x7b…19 swapped collateral from WETH to a more stable type before the price dipped, and also paid back some debt in advance, which seems like they were afraid of being wiped out. As for the recent stacking/sharing security yield stacking being criticized as "overly nested," I can understand, the more layers, the more fragile, and when volatility hits, liquidation is the first to slap you in the face. Anyway, my rules are still the same three: light positions, staggered steps, stop-loss, and when close to the red line, prioritize survival.