After a significant increase of 3 days, my assets are still 89% away from ATH I created an app to track total assets, recording them every hour, and then drew a chart like this. After checking, the lowest point of assets is today's June 5th, and the sharp rise in the past three days has indeed brought back a lot of blood. However, there is still a distance of+89% for the specific ATH (i.e. August 23, 2025). In other words, from ATH, it is currently almost halved. Where is the problem? Mortgage loans. Borrowing is equivalent to adding leverage, such as pledging volatile assets like me (Ethereum: native, Solana: O11111111111111111111111111111111111111111111111112) and borrowing stablecoins. Of course, if you operate in reverse, it is equivalent to shorting. According to the statistical data of another tool, "Is the leverage too high?", the current leverage coefficient is 1.91X The lesson is profound. I started mortgaging and borrowing stablecoins halfway through the bear market, but I didn't expect asset prices to continue falling by 40% in the future, and even the critical moment was only a few percentage points away from liquidation, with my life hanging by a thread. If it is really liquidated, it would be equivalent to opening a contract to liquidate the position. The good news is that such a thing did not happen this time, but the feeling of being scared is indeed uncomfortable. Moreover, when you increase leverage, if asset prices fall, your leverage coefficient will increase (or decrease when it rises), purely making it difficult for yourself. Try not to touch the pole if possible. Even if you really want to increase leverage, try to do it in the early stages of a bull market, rather than at the peak of the bull market, otherwise in subsequent bear markets, leverage will become a curse. Most people who find it slow to make money from spot goods eventually return their value to the market. Ordinary people should take it as a warning.