Wow, we exploded today even while everything else was going down, moving up to a high around $4.30. Steems still holding solid around $4. I'm surprised SBD fell so far behind. The SBD/STEEM ratio is over 1.15 right now. The ratio tends to favor SBD, I think because there is so much more STEEM in circulation.
The general market was not looking good today, dipping fiercely. The way this dip plays out will be very indicative of whether we're in a new bull market, or more of a sideways market. It would be bullish to finish the week at these levels or above, but to go lower would make me question things and take a look closer. Lets see how it plays out.