Although we are still in a clear downtrend channel. More and more interesting good related crypto news are coming out which eventually will end up turning around the market.
The Facebook announcement on crypto ban release and Andreessen Horowitz 300M fund creation for crypto projects will for sure help institutional investors start to consider jumping in.
I have used 4hr charts today to show the downtrend channel in all three cryptos.
Bitcoin clearly shows the channel since the beginning of May, we have had a slight volume increase during the past two days but the graph does not show any trend reversal. The price is approaching the $6000 level again.

EOS is trading inside the downtrend channel at a price around $7,5 and could develop a double bottom.

Steem has the same pattern and could be also developing a double bottom or a decreasing triangle. We need to see what happens during the day. Price is around $1,3.