Lately, I've been staring at NFT floor prices so much that my eyes look like pixels... To put it simply, when liquidity cools down, the floor is either "value discovery" or "who runs first wins." The issue with royalties is also quite awkward; everyone verbally supports creators, but when it comes to actual transactions, they want to save that small fee. Anyway, since there's no narrative or new trends, once community enthusiasm fades, all that's left are the sell walls.

What's even more amusing is that in the group, some are discussing stablecoin regulation, reserve audits, and de-pegging rumors, with emotions swinging like a roller coaster; meanwhile, they ask me, "Should I buy the floor?" I now translate my positions based on popularity: if the narrative is still there, I make small moves; if the narrative cools off, I treat it as buying pixel art collectibles, not as financial management... We'll chat again next time.