The NFT market remains weak, with BAYC 5278 falling by more than 100 ETH from its last transaction price.

According to Mars Finance, despite the presence of numerous digital art projects at Art Basel Hong Kong, the NFT market as a whole remains weak, showing no clear signs of recovery. Specifically, Bored Ape #5278 from the "BAYC" series is currently listed at only 7 ETH, a drop of over 100 ETH from its last transaction price, reflecting a significant pullback in the valuation of leading NFT assets. As an asset class once considered to be rapidly rising, the NFT art market has cooled considerably, with both liquidity and price performance continuing to be under pressure.