Recently, NFT liquidity really does feel like it runs on “mood”: the floor looks steady, but the orders are actually so thin that a slightly larger sell order can shove the narrative back into obscurity. Royalties are awkward too—if you set them high, people route around trading; if you set them low, nobody is willing to keep creating content. In the end, it’s mostly the community telling stories just to keep the heat going… To put it simply, it’s still confidence and attention that are flowing. By the way, around that mainstream public chain upgrade/maintenance, the chat keeps guessing whether projects will “move houses.” I don’t think whether they migrate in the short term matters that much; let’s first see whether active addresses and net inflow change accordingly. For now, I only dare to sit with a small position, ready to admit I’m wrong and pull out at any time.