Steem like many crypto love 0.786 Fibbo retracement level. It's good place to rebuy tokens, and potential point to put buy orders. Previous correction seems to confirm that. Now, then all market grow up, correction are only way to rebuy some tokens and sell it with profit. As we all can see, this point was rejection moment, and market turn back to north. If the price 10000 satoshi hold we will have perfect moment to move price higher than 140 000 satoshi and stay above it.
We also must remeber, that Steem comunity growing every day, and new users bringing new funds to it. Cumulative volumen shows low sellof. That is also good sing. What you thinking about it?