I set a little rule for myself: when looking at NFTs, first check how deep the liquidity is, don't get led by the narrative.

No matter how hot the floor price is, the order book is as thin as paper, and when I really want to sell, slippage could turn me into prose.
Don't argue about royalties turning into a belief; I understand creators need to eat, but buyers see "liquidity + fees" stacked together, and their enthusiasm quickly cools down.
Recently, the group has been tearing over privacy coins, mixing coins, and compliance boundaries; it sounds a lot like the same song to me: some want freedom, some want security, and in the end, it's all a multiple-choice question about liquidity.
Anyway, I’ll pull my hand back first, be less impulsive, and have more patience with order book depth.