Recently, the liquidity of NFTs has been both cold and hot: when the floor price drops, people talk about faith, but in their hands they move their listings downward; royalty issues are also quite real, fewer transactions make talking about ideals a bit empty... Community narratives are never lacking, today talking about art, tomorrow about identity, lively but not necessarily able to absorb selling pressure.

Signal in the elevator is poor, I’m too lazy to scroll long posts, just keep an eye on active on-chain activity and large transfer screenshots. Recently, someone also equates moving exchange hot and cold wallets with “smart money,” honestly I just find it amusing, don’t get too caught up.

Anyway, I’ve set my goals smaller: not chasing the “next big hit,” just a small observation list, checking the floor and transactions daily, and acting if I feel it... as a result, I end up sticking longer.