We have stagnant prices because the buying frenzy is over (that ended in early 2018) and the panic selling frenzy has also appeared to stop, at least for a while.
the question now is when will the purchase madness occur again? or maybe that madness won't happen again? now we face the effects of purchase madness, namely the feeling of being bored to buy.
excessive purchases are not good for the long term, because after that what happened is only selling. this condition is exacerbated by many exchanges being hacked, yesterday cryptopia has been hacked.