It sounds like you're talking about a game that's still popular but has been facing some challenges recently. When people say "the game is obviously far from dying," they mean that it still has a solid player base and isn't going away anytime soon. However, "that does not mean things are going well either" suggests that there are significant issues affecting the game.
In simpler terms, think of it like a restaurant that still has customers but is struggling with bad reviews, slow service, or a declining menu. The restaurant isn't going to close right now because people still want to eat there, but if things don't improve, it could start losing customers over time.
In the context of a game, these issues could be bugs, balance problems, lack of new content, or community dissatisfaction. So while the game is still alive, it's clearly going through a rough patch that needs addressing to keep players happy.
7 answers