Top 10 Cryptos
At the moment of writing top 10 assets were bearish, all in red.
Bitcoin retraced from almost $10,000 to $9,300 and all the alts are taking a beating.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.51 on Coinmarketcap, down from yesterday in fiat, but very slightly up in Bitcoin.
The 1 hour chart shows the start of a range trading period, after yesterday drop. STEEM remained more or less stationary
The 1 day chart is still bearish, but the last red candle is smaller than the previous day, which may suggest consolidation around 37.5k satoshi.
SBD was trading, at the moment of writing, at $3.07 on average, down from yesterday both in fiat and BTC.
The 1 hour chart indicates an acceleration of the downtrend during the last few hours
The 1 day chart shows another red candle, longer than the previous one, which indicates the bearish trend may continue
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.874 STEEM, down from yesterday and below parity
Overall opinion: Markets are having a rough start today, but we're still one week ahead of Consensus. STEEM consolidated around 37k satoshis (even a small appreciation) while SBD is heading below $3.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me 
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