I was looking through the market today and its a sea of red but it was noticeable that Steem is up today. Nice to see, hope I haven't jinxed it.
If Steem can do well when the rest of the market is down, it shows that people don't want to sell it. I might be biased but I do think Steem has more going for it than many coins with a higher market cap. This isn't financial advice, do your own research and hopefully you will come to the same conclusion.
The overall market looks very fragile and its still too early to say if the bear market has ended but one of the benefits with Steem is that we can power up and earn some more of it. We can also get some SBD, that will be useful if the market continues to fall.