Seems like it's going to be a bumpy ride.
I have to say that I'm a little bit worried that Steem is behavior similar to the rest of the crypto market. If most of top 10 is in red, Steem will be in red. If most are in green, steem will probably also be in green.
It just seems to me that all these coins are connected somehow, (valuation wise) and not truly independent when it comes to their monetary valuation.