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Lately I've been flipping NFTs, and it feels like the floor price is being held down like someone pressing the elevator button—going neither up nor really wanting to go down... Instead, the topic of royalties has been brought up again and argued about. People say they support creators, but when it comes to actual transactions, everyone is still focused on "Did I pay too much?"
Community narratives are pretty mysterious too. When things are hot, it's like a hotpot boiling over—everyone wants to add ingredients; when things cool down, it’s like leftover soup—there are even fewer emojis in the group chat.
By the way, on-chain large transfers or movements of hot and cold wallets on exchanges often get screenshots with comments like "Smart money is here." As a watchful cat, I can only say: sometimes it’s just a move, not necessarily a rush.
Anyway, when I look at NFT liquidity now, I first check if someone is willing to keep placing bids to buy, then see if the story can hold up for three days.