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I looked through my previous records of market making for a certain NFT pool again. To put it simply, that AMM curve is just an automatic "buy high, sell low" machine. You think it's collecting fees, but when the market fluctuates, impermanent loss quietly eats away at your position... Market making is really not a passive income, especially when the floor price suddenly drops, and the position structure directly deforms. Recently, meme coins and celebrity shoutouts have started to rotate again. It's lively, but the more it heats up, the more it feels like they're pushing you to be the last one holding the bag. Anyway, I need a reminder: don’t get itchy just because you see others showing off their gains. First, think through your exit strategy clearly before you make a move.