After a night run, I checked out NFTs and feel that liquidity now really depends on the floor price: when the floor softens, listings decrease accordingly, and those wanting to sell start pretending to be dead, waiting for a rebound. Royalties are also quite awkward; honestly, everyone knows creators need to make a living, but when the market is cold, the first reaction of buyers and sellers is still "can I pay less"... Community narratives are even more mysterious; when it's hot, a single meme can lift the floor, but when it's cold, even official efforts seem like self-entertainment. Thinking about it later, it's pretty funny. Recently, cross-chain bridges have been hacked again, and oracles have had abnormal quotes, making everyone learn to "wait for confirmation first," and on-chain sentiment has also slowed down a bit. Anyway, I don't really pay attention to hype about NFTs anymore; I focus more on trading depth and genuine buyers, and I just record it casually after a run.