My liquid steem went up by one power down, but I am not trading it just yet... it is sitting in my savings 😀 I would guess that many also are powering down but waiting to sell...

The one thing I learned from trading bitcoin last year is how prices move on low volumes and comparing distinct pools of money in different exchanges and how the prices tracked... I think the increase in liquid steem will boost volumes as more speculators jump in and get out. I want to keep a lot of steem power for curating but the liquid steem if I hold it and it goes up decisively I can quickly take profit.

I think we are seeing the first minor wave of an elliot wave forming on the steem price chart. It should dip a bit more soon and then a second, taller wave will form. Yes I think holidays have slowed trading but with such a big rise in overall crypto market cap, it is only a matter of time before the bitcoin holders are trading into alts, and we will see yet what ones get the cream... At a guess, in order of magnitude, monero, ethereum, litecoin and steem definitely. We might see steem in the top 10 again.