How about the decrease in hashrate? I find its effect on the transaction fees still burdensome until the next difficulty adjustment. We've been enjoying fast confirmation with 10 sats/vbyte or less the past weeks.
I still see tx fees quite low right now though to be honest, I think you can even do 9 sat/vbyte and still get confirmation soonish. And that's after the last big diff adjustment. I think I read another thread yesterday wondering why the mempool hasn't started filling up at all, so I think we're actually good cause of the market price.