Seeing the trend that has occurred since touching almost $70k then this is a long time record, bitcoin looks stable in the $35k-$45k range, for daily trading of course this is better than prices that continue to skyrocket because there is no opportunity to buy or vice versa when the price continues to decline so it can not take profit.
Daily trading could be making a lot of money during this period for sure, buying at a bit lower and then selling a bit higher and keep doing that each time it goes down and up would make you a great profit. However, it could also cause you to lose a lot of money if you are on the wrong side.
There are plenty of people who sell at 38k because they fear it will go down even more, and buy at 42k because they think it will go up more and repeat that. Not too many times in a row obviously but they still do that. I feel like we should not be really that much in trouble. Just let it be for the time being and I am sure that it will go up eventually and long term investors will win as well.