The new cycle for NXT has been started since June 2016. The 1st-Wave of the new cycle form as a "Leading Diagonal".
Due to the huge volume at that time, the diagonal becomes to the huge "Expanding Triangle". Therefore, the 2nd-Wave is impacted and dropped severely.
However, the 2nd-Wave will be over soon. The price may go side-way for a while, then ready to fly again.
Be prepared!