Welcome Steemit friends. I am happy to report that Steem and SBD are up on Poloniex.

Steemit is growing fast and it is a wonderful thing. Minnows, this should excite you and as for those of us who have a little bit more it is so welcome we shout with joy! Here is a capture of Poloniex moments ago.

BTC:

Steem:

Bitcoin is at $2335.00 High of $2368 so far

This is $0.96 for Steem at 0.0004149 BTC

This is $1.35 or $ for Steem Dollars at 0.00065 BTC

__Analysis:

The market is recovering from low volume holiday trading manipulation and as expected recovering fast. Steem and Steem Dollars lag a little bit behind but are slowly moving back up relative to Bitcoin and Ethereum.

Other currencies that are steadily moving back into position for growth - Ripple(XRP), Dash, ZCash(ZEC), Litecoin(LTC), Monero(XR)

Ethereum experiences a bit of a drop but will continue to grow. New traders need to know Steem can be exchanged for both Ethereum and Bitcoin.

Trends

Large traders will call for exchanges to close on holidays just like Stock Exchanges and Commodities Markets at what time they will do this is unknown but expect the calls to grow louder as time moves forward.
Hackers still pillage governments and businesses so expect the recognition and growth of Bitcoins and Altcoins to continue well into the future. Steemit and Steem have a very large advantage because of the open display of the wallets of the currency to enter use as platforms for government and business transactions. Cryptocurrencies are still very unknown as viable solutions to theft, fraud, and system failure of computer controlled transactions.
Steemit and its currencies must eventually move to parity with other solutions and direct purchase and sale on exchanges by fiats occur.
Steem as a method of purchases must occur for Steemit to grow to a major player.