I'm in the same situation, be patient, hopefully they will not take too long. I don't this would be affecting your viewcount fluctuation though!
keep uploading too! They use new uploads when they review to see if you abide to their guidelines
hope u get good news soon!! 
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Thanks for that information! Yes I’m currently working on my new videos. Started all over I’ve deleted all the vids after demonetisation hit me & Frustrating that viewership now are just roughly 5% compared before anyway, Best regards to your channel bud
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We see that your application is in review and we'd recommend you wait for an update from our team. You'll be notified in Creator Studio once the status changes. Also, it's normal to see fluctuations in the view count. Learn more here: http://yt.be/help/yFEh
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Thanks for that information. It's a relief whenever you communicate with us creators whose been dealing with channel's technicality. Appreciate it. At least our efforts has a chance not to be wasted. I guess i just have to wait..
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