According the chart LISK will test 70K soon.
Look at the ETH price, it's also in a correcting phase.
Somehow there is a entanglement between these prices.
Is this a bad thing? No. LISK came from 8K (!!) two months ago without major changes, mass adoption or development.
It's just correcting. This is what the crypto market does.
I hope LISK won't return to the beginning price really fast. Anyways, right now is very very good buying opportunity for many alts including LISK...