It's completely normal state of the market, which may indicate that we accumulate resources prior to any future price surges.
I remember 2014-2015 quite well, all these BTC price drops from 1250 to 220 (may have forgotten exact figures, but you got the general idea).
Still, even back then there were lots of fear-mongers crying and spreading panic across - still life went on, market continued to attract new players, finally we have observed the unprecedented price levels of all major cryptos.
To my mind, right now we are observing the inevitable market rollback after reaching top price levels, followed by the so called "flat" - just a normal thing, we already passed this 3 years ago.
All in all, I think we should focus on helping the market evolve, avoid panic and FUD, initiate new developments around Bitcoin & other cryptos - sooner or later, we will get back to high and even higher prices.