These days, I've been looking at the liquidity of NFTs again, and honestly: the floor price is like an emotional thermometer. When it's hot, everyone is willing to support it; when it's cold, the order placements are more active than discussions... The same goes for royalties. When the market is good, people say they support creators; when the market turns bad, they immediately start calculating "how much more I paid for this order." Community narratives are even more mysterious. No matter how loud they shout normally, once no one takes the bait, it becomes as quiet as a muted group chat. By the way, I saw someone comparing RWA, US Treasury yields, and on-chain yield products all together. I just want to say: everyone is looking for the "seemingly more stable" path, but the risks are different, so don’t just focus on the numbers. Anyway, every time I see a sudden spike in the floor price, I take a screenshot to remind myself not to let the K-line reveal my character flaws.