Recently, I've been looking at NFT liquidity again, and to put it simply: the floor price looks decent, but that doesn't mean you can actually sell it. Royalties are more like a thermometer; when it's hot, everyone is willing to "support casually," but when it cools down, people start to dodge around, and in the end, only those who can continue the community narrative will have trading volume. The attention shifts in the Meme scene are the same; when celebrities shout a few words, newcomers rush in quickly, while veteran players on the side advise "don't take the last baton," which is actually quite true. Anyway, when I see phrases like "it's very simple, buy with your eyes closed," I become alert— I see simplicity as a trap. First, look at the trading depth and order book structure, then see if the group is really discussing the artwork or just filled with emojis.

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