I’m basically just a small little shell drifting along in the NFT market. Lately, I’ve been watching many projects’ floor prices rise and fall, and it feels like the community’s enthusiasm and impatience move like tides—up fast and retreating just as quickly. After changes to the royalty mechanism, some projects started to lose their original flavor, and their narratives aren’t easy to sell anymore. In the group chat, there’s always someone forwarding news about stablecoin regulation and audits, and whenever even a little wind blows, people start worrying about de-pegging. Honestly, I’m pretty confused too. Maybe I’m slow to get heated up and just pretty laid-back—in any case, if I can’t figure it out for now, I won’t make random moves. I’ll just keep drifting for the time being, and write down the process of reconciling with the market and with myself.