To keep it quick.First of all,the hacks that happened in the near past have affected a lot of people in the crypto community.Also bitcoin has stopped being a trend-at least for now-that has caused a stagnation of new users-money- so pretty much the market hasn't grown.Last but not least mining inefficiency has caused many people to stop hodl and selling their gains in order to survive.
Oh.Thats a good addition.Lets hope it goes up to 10k in the next 3 days