Such a great article you've published ma.
I can vividly recall the time I joined steemit newly in 2020, everything was just moving fine and everyone was happy because we were all earning like we own the system ourselves but after the prices of cryptos went down, many platforms including steemit have been working assiduously to see that prices goes up again but it's not all that working because people have massively withdrawn from crypto to invest in other inventions.

I presume that people who are powering down may be doing that out of frustration or some other related issues that you highlighted or probably the set to functions of this ecosystem is no longer favorable to them.