These days, I checked out the floor prices of a few old NFTs again, and honestly, it's "more people listing for sale, fewer people actually wanting to buy." When liquidity cools down, royalties become even more awkward: if you don't lower royalties, transactions slow down; if you lower them, the community feels the narrative is being hollowed out... It's all quite uncomfortable. The most frustrating part is that everyone talks about community culture, but in reality, they're still watching to see if they can run away at any moment. By the way, I saw in the group that there's another debate about whether the extreme funding rate should reverse or if the bubble should keep being squeezed, and that makes me even less willing to hold heavy positions in these "storytelling" projects. Just now, I tried to buy a small order at $12.6, waited two minutes, but it didn't fill. Forget it, I'll just treat it as a snack and chew on it slowly.