Recently, looking at NFT liquidity feels a bit like watching the tide of a piece of land: the floor price line is lively, but when it’s time to sell, you realize that what’s hot is emotions, not necessarily depth. Royalties are also quite subtle; everyone says they support creators, but when the market cools down, the first reaction is still “can I deduct a little less”… In plain terms, when the narrative is hot, the rules are gentle; when the narrative cools, everyone starts calculating carefully.

After a few incidents of cross-chain bridge thefts and oracle errors, I found that the community has developed a consensus of “waiting for confirmation,” preferring to be a bit slower rather than rushing in as the first one. Anyway, I’ve also learned to give myself some “backup”—not technical, but in mindset and position, leaving some redundancy: in case the story breaks one day, there’s still a place to pull myself out.