These days, I've been seeing a bunch of screenshots of NFT "floor prices coming back," to be honest, the floor is just the number that's easiest to pump up, with thin liquidity, a few quick buys can boost people's sentiment. If you really want to see if it's hot or not, I care more about the order book depth and whether transactions are continuous; otherwise, it's just the illusion of a fixed price.

Royalty issues are also quite delicate: if they charge high, secondary sales are less likely to move; if they don't charge, creators can only rely on storytelling to survive. When the community narrative is cold, everyone talks about faith, but their hands are all waiting for lower prices... When it's hot, it’s like meme attention shifts, a celebrity just shouts and people rush in, veteran players advising newcomers not to catch the last wave—it's not just being pretentious. Anyway, I prefer to wait patiently for liquidity to return before considering making a move.