This NFT segment is really quite cold—the floor price has dropped so much that I don’t even feel like looking, and royalties are basically almost gone. The community’s narrative keeps turning over the same few old projects, cooking leftover food. Honestly, I’ve been watching funding rates until dawn; every now and then I glance at NFT orders, and the liquidity is so terrible it’s unbelievable—listing at the floor price can take half a day before anyone picks it up. Privacy coins and mixers are all noisy and heated, but that’s a different issue from NFT liquidity. Anyway, I’m not touching any of that shady stuff. As for these NFT projects now, besides being a cultural symbol, if you really want to cash out you still have to rely on market makers and wash trading; ordinary players can only squat at the floor and wait for an opportunity. For now, that’s it.