These days, I've seen a few waves of NFT "community narrative revival" again. To be honest, I'm more concerned about liquidity: once the floor price is as thin as paper, a couple of trades can break through easily, and all the excitement is just for screenshots. Royalties are also quite delicate; charging high fees makes trading more dead, and not charging can easily turn into pure short-term speculation, with everyone betting on the "next pump sentiment." Usually, when I see the same set of images being hyped for the third time, I stay calm and prefer not to participate. On the macro side, expectations of interest rate cuts and the tug-of-war in the US dollar index cause risk assets to rise and fall together. For more emotional assets like NFTs, it’s really uncomfortable when they can't escape during a pullback... Anyway, I only focus on whether I can sell at any time; if not, then forget it.