If you're a Minecraft player on the PS4 it looks like you received the Minecraft 2.09 update recently. This is a small hotfix for the game, which looks to fix the problem with players getting stuck on the loading screen or having their game crash. There's also now a button combination you can use to clear your cache if you're having trouble getting into the game. You can find all of the details below!
Today we are releasing a hotfix for PlayStation 4 that will enable you to clear your sign in data when launching the game, which we hope will avoid the issue where the game is getting stuck on the loading screen and potentially crashing.
Implemented a workaround button combination on startup to clear the player's download cache on PS4 (MCPE-84790)
You may wish to try the following after the game has updated to version 1.16.1.03:
When the initial loading screen appears, hold the following buttons:
Button combination is L1 + R1 + L2 + R2 + OPTIONS + Touch Pad, and must be held until the initial splash screen is removed