Grab point of my clutch has been getting lower and gears grind upon start up but gets better after pumping?

I have trouble getting it into gear when I first start it up in the morning but after pumping the clutch a bit it gets a lot better and doesn't grind. I have been noticing the grab point had been getting closer to the floor but its almost to the point now that the clutch is not all the way in when I put it to the floor. Could this just be fluid levels or stretched cable or is it likely I need a new clutch. It does slip slightly If I strain it out of first but not drastically.