Hey, I was just scrolling through some on-chain data today, and the more I looked, the more it felt like every little change on the macro side could eventually end up smashing into our retail positions. Once interest rates go up, risk appetite gets cut down straight away—like, even all that petty drama about NFT royalties can turn into a whole shouting match. Put simply: when liquidity dries up, there’s no one left in the secondary market to take the bags. Creators blame the platforms for being shady, and the platforms blame the market for being cold—look around and you end up just laughing it off.