Investors have other places to put their money besides BTC. They're looking at stocks, gold, and especially silver—assets that have delivered returns significantly higher than Bitcoin's this year.
Climate change can happen several times a year, that's normal, not something you have to worry about, just like the Bitcoin market can change, gold this year has jumped sharply, that's something you can see.
But Bitcoin cannot be equated with gold, the speculation that is predicted this year is indeed less efficient for Bitcoin investment, it's not that it's not good but market changes are making investors stop for a moment, monitor developments in market direction, one of which is speculation that the price of Bitcoin will fall, but many Bitcoin observers speculate that it won't be long before investors will return to exploring Bitcoin.
In several periods and experiences, Bitcoin prices in years like this are indeed good to monitor, when the time comes, that's when the atmosphere turns around again, the crypto market is as busy as a night market.