Top 10 Cryptos
At the moment of writing, top 10 assets were relatively bullish, with5 of them in green and 5 in red
Bitcoin i vigorously testing $8,000 while the rest of the assets are starting to catch up.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.36 on Coinmarketcap, down from yesterday in fiat and in BTC.
The 1 hour chart shows a very strong descent from 20k satoshis down to 16.5k satoshis. Currently, STEEM is trading at around 17k satoshis.
The 1 day chart is bearish, showing 3 consecutive, consistent red candles.
SBD was trading, at the moment of writing, at $1.15, down in fiat from yesterday, and down in BTC.
The 1 hour chart is showing a downtrend too, stabilizing, for the time being, at 14.5k satoshis
The 1 day chart is bearish, with no visible support
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.852 STEEM for 1 SBD, similarwith yesterday, and under parity. SBD printing rate is 38.33%, similar with yesterday.
Overall opinion: Bitcoin is finally starting a consistent bull run and the entire market is reacting now as we were used to, but more about it in the next post. We should expect alts to rise again once Bitcoin stabilizes from this rapid surge.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me 
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