I've already posted about this. We keep churning out supply, while demand does not exist. While STEEM may have a strong implementation, it has yet to gain acceptance. This is true of many cryptos, especially in light of BTC's bubble. There is a lot of competition among cryptos, further reducing acceptance.

Given all this, I forecast STEEM to keep falling. Personally, my holdings are minimal and devoted to @treeplanter's efforts. So, I have little exposure either way.