These are 'the dips' just as with any other crypto!
You're right, now the real Steemians are seperated from the money-chasers.
This 'down period' is probably where the real Steemians grow, and then the next 'up period' the moneychasers will be back complaining how they cannot compete and there's no chance for them..
Same as with buying crypto really.. nobody understands you buy during the dip/crash and not during the rise..
I wouldn't even call it a "dip" since if you look at a regular 6 month graph everything looks very standard. It's been very steady the last month with just a small decline. Regular stuff in this industry!