Two important points:
1st: good domains are still getting good bids and going for great prices. Visually, though, a lot of what people are offering now is junk with 4's and 0's that they reg'd at the end of 6N buyout. And people are trying to flip 7N while there are still plenty to be had. These "auctions" are going to flop at this point. Back in July I tried to flip a lot of 6N for as low as $65 total -- thankfully it failed and I pulled it down before August.
2nd: having been in numerics for a few years, I can tell you that this happens literally every November. The movement stops and paused until new years. At least it has traditionally. This year, of course, hasn't been very traditional.... But still.