Why is EOS going down?

As a keen observer of the cryptocurrency market, I've noticed a recent downtrend in the value of EOS. Could you elaborate on the potential reasons behind this decline? Is it due to a lack of adoption or interest in the EOS ecosystem? Are there any technical issues or scalability concerns that have been affecting the network? Or is it simply a market correction in response to broader crypto market volatility? I'd appreciate your insights into the factors that might be driving this downward trend.