@splishsplash know my site. I have one pbn link from you but do not share a niche or site, please.
May update
Traffic drop- 60-70% I lost almost all rich and featured snippets, images that will be next to the site when you google on phone and lost a lot of long tails keywords.
Posts that had featured snippets drop on page 2.
Competitors didn't lose rich snippets.
December update
My traffic increased by 70-80% got back rich snippets, got few featured snippets back and images are now showing.
A lot of new long tails keywords are showing up.
My competitors lost all rich snippets.
All my competitors including me are using black hat link building. Almost all links are manually created. (PBN, Nice edits, guest posts, forum links, 301 redirects, web2.0 etc.) On top of that, me and competitors have similar titles and content. It is madness and I have some strange feeling that my site has had invisible penalties since May 4.