Even after diving for so long, I still can't help but say: you all keep staring at the K-line and cursing the market makers. Actually, sometimes the reason you get liquidated is because the oracle's price feed is a half-beat slow... When you have perpetual leverage open, the exchange calculates whether you should be liquidated based on the "mark price/oracle price," not the needle on your screen. When the market suddenly moves, and the feed is delayed by a few seconds, you still think "nothing broke support," but the system has already liquidated you at a lower mark price. By the time you realize it, there's only a text message left. Recently, I also heard about some region increasing taxes and tightening regulations, causing deposit and withdrawal expectations to shift. Everyone's more eager to chase volatility, which makes it easier to fall into these delay traps... Anyway, I now assume that when I open a position, I will be backstabbed by the feed price. Keep leverage low if you can, don’t learn from my itchy fingers.