They are playing like shit and are still 10th in the league in P% and 2nd in the Pacific. It's a motivation and discipline issue--last year they might have had the most motivation out of any team in the league to get up in the morning. They were basically the laughing stock of the league for several years, and they grabbed the one glimmer of hope they got after Tocchet took over and rode it into the second round.
There's no way that they carried that same motivation into the summer and into this season--they 100% started to feel like hot shit after last season. They are adjusting to playing without that same fire, and it shows. Certain games they look fantastic, others they look like absolute dogshit. It has go to first get bad enough for them to feel the heat hot enough and wake up, and then it will take a month or two of working at that level to get the chemistry and confidence back.
That they are coasting right now in a playoff position is probably not great for their season, as that turnaround is going to be happening later into the season then it probably wants to.