The NFT market is "cooling down": is it the burst of a bubble or the dawn of value recovery? 🌅

The NFT market is undergoing a profound transformation, gradually returning to rationality from the speculative frenzy of the past two years. According to CoinDesk, 75% of the top 100 cryptocurrencies by market capitalization have fallen below their 50-day and 200-day moving averages, and this cold wave has also spread to the NFT field. Once upon a time, a JPEG image could fetch astronomical prices, but now the market is beginning to reassess the intrinsic value of NFTs: digital identity, community rights, game assets, and even the art itself. This may be the market "squeezing the bubble," forcing project teams and investors to focus more on the actual utility and long-term value of NFTs. Do you think the current slump in the NFT market is a good opportunity to buy at the bottom, or a long process of value reconstruction? #NFT #value investment #市场周期