Breaking through the floor price is often just superficial; the real bullish signals lie in trading volume and collector activity. When transactions above the floor price occur frequently, especially with rare attribute NFTs continuously being bought, the market truly comes alive. It's not the floor price dropping that’s concerning, but rather the lack of trading activity. Trading activity and enthusiasm for collecting rare items, these two indicators combined, can explain more than any technical analysis.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
10
Repost
Share
Comment
0/400
Anon4461
· 16h ago
A stagnant market is the real problem; a floor price drop doesn't matter anymore.
View OriginalReply0
GhostAddressMiner
· 01-08 04:20
You're right, but what you can't see are the fund flows behind those large transactions. I scanned the on-chain data, and recently, 70% of the buy orders above the floor price come from suspicious addresses. Those wallets that have been dormant for half a year suddenly waking up—that's the real signal.
View OriginalReply0
BearEatsAll
· 01-07 15:37
Trading volume is the real key; the floor price strategy is just a scam. True whales are quietly accumulating rares, while you're still watching the charts and worrying about price drops.
View OriginalReply0
BloodInStreets
· 01-07 04:50
Floor breakthrough, what nonsense. Basically, it's just funds pushing the price up. What really explains the situation is... Hey, wait, isn't the best time to buy the dip when trading is cold? Why is this logic turned around to advise people to follow the trend?
View OriginalReply0
All-InQueen
· 01-07 04:49
Floor breakthrough? Well, someone really needs to put real money on the line for it to count. In a quiet market, even a rise is just paper wealth. Not afraid of a decline, but afraid of no transactions.
View OriginalReply0
tx_or_didn't_happen
· 01-07 04:47
Trading volume is the real deal; fluctuations in floor prices are just illusions. I want to see who still buys rare items.
View OriginalReply0
TokenStorm
· 01-07 04:47
Trading volume is the real truth; the floor price tricks are all just a facade. I backtested NFT data from the past three months yesterday, and any project with low trading activity has all collapsed into shit. But that said, I still have some positions buried in blue-chip projects with low liquidity [dog head].
View OriginalReply0
CryptoHistoryClass
· 01-07 04:46
ngl, volume's the real tell-tale here... seen this exact pattern back in '17 before everything went sideways. floor breaks mean nothing if nobody's actually buying the rare stuff. history keeps rhyming and we keep missing the tune.
Reply0
SelfCustodyBro
· 01-07 04:38
A lack of trading is the real despair; the floor price is all just虚的. You can tell if someone is willing to buy rare items by seeing if there's a bid.
View OriginalReply0
BearMarketHustler
· 01-07 04:31
Trading volume is the real deal, while the floor price talk is just a trick to fool beginners. If rare items are being bought, it shows there's still interest. Don't just focus on that number.
Breaking through the floor price is often just superficial; the real bullish signals lie in trading volume and collector activity. When transactions above the floor price occur frequently, especially with rare attribute NFTs continuously being bought, the market truly comes alive. It's not the floor price dropping that’s concerning, but rather the lack of trading activity. Trading activity and enthusiasm for collecting rare items, these two indicators combined, can explain more than any technical analysis.