Also consider that it is summer finally and people can start to go somewhere after 3 months of lockdown due to covid, so I believe it is also normal in general to see less number of people playing.
But I also feel (reading the discord channel) that a lot of people that started at day 1 and rushed the content and/or were discouraged by bugs at launch (that luckily are constantly solved despite it is hard work and not possible to solve all instantly) are in stand-by just playing time to time, but looking for new content.

On my side, I started only 3 weeks ago and I'm raising my 6 online channel together without any rush, still approaching lvl 50ish with all them - so definetly I've a lot of time to still play the game ;)

i just started playing this last week. I am in no hurry to rush to the endgame and enjoying what the story and game gives me. I am a causal player and more of a trial and error type when it comes to playing. Something isnt working, i try something else. I do hope more people start playing again to support it and bring in more players.