These past two days, the group has been arguing again about extreme funding rates—whether it’s a reversal or just continuing to squeeze the bubble. Honestly, I feel a bit slow to catch up… I’m still spacing out over the floor prices of a few old NFTs. Once the floor softens, liquidity is like milk tea pearls being yanked out—things you can’t even sell, let alone think about selling. But if you say to cut the royalties, sure, it’s a decent short-term selling hook; however, the community narrative instantly shifts from “artistic ideals” to “mass clearance sale,” and the mood turns cold right along with it.

My current feeling is: what truly keeps the floor propped up isn’t shouting slogans—it’s people who are willing to keep telling stories and keep doing things, even if it’s very small. Anyway, I’ll move less for now. I’d rather miss out on some lively excitement than get taught a lesson by slippage at the coldest moment… Forget it—I’ll keep lurking and watching the show.