These days, watching NFT liquidity, it really feels like a thermometer: when the floor drops, everyone immediately starts debating whether to cut royalties, honestly everyone just wants to get out first before discussing ideals. But when the narrative heats up (even if it's just the community starting to tell stories or holding small events), the order placement and buying sentiment will gradually return, it's quite mysterious... Anyway, I now believe more in "whether there can be a sustainable reason to buy and sell," and I don't really trust that a wave of hype can last too long.

Additionally, some regions are discussing tax increases/compliance again. It's obvious that some people around me are becoming more cautious about inflow and outflow expectations, and even NFT-style gameplay that involves "staking first and waiting for narratives" is becoming more cautious. For safety, I prefer to take an extra step: whenever I need to sign an unfamiliar contract, I use a separate wallet with a small limit, willing to pay more gas for an extra transfer, rather than risking my main account by trying to save on transaction costs.