Lately, I've been flipping NFT floor prices, and the most straightforward feeling is "liquidity just disappears," with a bunch of listings but actual transactions evaporating like vapor. Royalties are also quite awkward—if you collect them, trading becomes colder; if you don't, the narrative relies on love-powered energy, and the team can easily slack off... Anyway, it all ultimately shows on the floor, dropping very honestly. When the community narrative is hot, everyone talks about long-term holding; when it cools down, only a few panic sell orders remain, with that chain of stop-losses feeling very familiar. By the way, the airdrop season's points + task platform, which is anti-witchcraft, makes the grifters feel like clocking in for work, pulling attention away, and NFTs become more like a "nice-to-have" position. To put it plainly, don't go all-in; if you really want to play, keep some bullets. When the market hits an extreme, the first to explode is often not what you expect.