Steem's price has cooled down after Bithumb opening and Samsung rumor is busted. Volume related to Bithumb opening and other speculation have lost some Steem as it dropped 14% from 44 cents to 37.5 cents. It is still one of the best performing crypto from its bottom, considering 75% recovery from the recent low of 21.5 cents.
The good thing is that Community governing is making good strides with 
The bad thing is that everybody is questioning the the qualifications and past (no) activities of current managing director. It looks she lacks significant experience and her last 8 months experience as a head of communication division does not bode well. People are guessing it could be a ploy by 
The ugly thing is BTC is showing some weakness. Recently Vencheck has withdrawn much vaunted ETF due to shutdown and pending mandatory decision by SEC on February 27th and Bakkt exchange is in halt. Therefore, BTC can go AWOL again which does not bode well for Steem. However, the investors may get another chance to buy cheap Steem who missed the current rally.
Cryptocurrency market, more specifically Steem is grinding mode. There is no euphoria left for another rally. However, progresses are made everyday in protocols and DApp's innovation & adoption. Though progress are not made at the speed of everybody's liking but they are being made anyway. Looks like 2019 will be a year of grinding progress, accumulation, realization and maturation rather than hype, euphoria and high expectation.
Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.
Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.
Thanks for reading.
Cryptominer since 2013, occasional trader and tech blogger
