I don't mean in terms of fiat price - but in terms of enthusiasm in the community.
For me: Things like our local meetups are still going strong, SN is an active community and even growing. But I feel like everybody is more defensive and focuses about "hard money" instead of enthusiastic and how Lightning could revolutionize the economy.
Where has the enthusiasm gone? I am still on fire for how Bitcoin could change the world. Are you?
Will it only come back when fiat price is rising - that would be frustrating for the next 20 years of economic cycles.