These days, I’ve been flipping a few more NFT floor prices, and it feels like watching a TV series that suddenly jumps to the finale: some people place orders and stubbornly hold onto the narrative, while others secretly sweep the floor and quickly pass it to the next person. Royalties are also quite subtle; looking at transaction paths on the chain is like analyzing character personalities—those willing to pay royalties probably still believe that the “community will heat up again,” while those who don’t, frankly, only care about liquidity. Last week, I also saw a few wallets that transferred points earned on the testnet to buy images, probably betting on the “mainnet issuing tokens” expectation, riding the hype. Anyway, I now prefer to watch the emotional shifts of addresses; whether they buy or not is another matter—just don’t turn it into a contrarian indicator…