Just took a look at bitcoincharts under "markets" - where is the volume? It has completely disappeared. Bitstamp, the go-to exchange, is only averaging around 8300 in btc per day average. btc-e and bitfinex add a combined similar amount. Wow!! btcchina at less than 3000 per day! Maybe this isn't that unusual, but I would think extended low volume is not good.
What happens when the miners, who mine 3600 new btc every day, start to sell?