I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.
From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
Price stability and volatility are both have pros and cons on their sides. If the price of bitcoin is stable than the people who sell stuff can put a set price on bitcoin value and get paid in that without worrying much about the drops or increases in the price however the price stability also kills the adoption because so far in the bitcoin history people have come because they believed the price was going up and they want to be part of this and make money from it. Hence, price stability has both good and bad parts about it.
On the other hand price volatility helped us get bigger prices so far and the traders have made immense amount of money from it and that helped more and more people to flock into bitcoin world and try to make money otherwise they couldn't.
Moreover, the drops and the increases in the price even though helped the traders and new people it really didn't helped at all when it comes to buying/selling stuff everywhere, if it was too stable we could have had much more places on world where we could spend bitcoin instead if fiat.